Dempsey: No retirement overhaul anytime soon - Army News | News from Afghanistan & Iraq - Army Times
Dempsey: No retirement overhaul anytime soon
By Andrew Tilghman - Staff writer
Posted : Thursday Dec 22, 2011 12:37:20 EST
The Defense Department’s highest-ranking officer said changes to the military retirement system are unlikely anytime soon and today’s troops can expect to be grandfathered under the current rules.
Army Gen. Martin Dempsey, chairman of the Joint Chiefs, said retirement reform has been “pushed to the side of the table,” and he expects a blue-ribbon commission to take a long look at the issue before any changes are made.
“We have to look at retirement. But as we do, we’ve got to understand the effect,” Dempsey told troops at a town hall-style meeting in Germany on Monday. “Before we do something, we really want to do the proper analysis to understand what it will mean to retention and recruiting, let alone breaking faith with those of you who have served under a certain expectation,” Dempsey said.
“I am quite confident … that those who are currently serving will be grandfathered. So, you know, what we are talking about in terms of getting retirement under control would affect folks that entered the armed forces after we made the adjustment … so that they would know what plan they were walking into “
Dempsey’s remarks came in response to a direct question from an airman. Troops have grown increasingly concerned about the retirement system since a Pentagon advisory group in July said the current 20-year pension is unaffordable and should change immediately.
Today’s personnel costs are too high, Dempsey said, and senior leaders are considering an array of budget-cutting measures that could affect pay and benefits, and health care fees.
“We need an all-volunteer force. But we’ve got to figure out how to afford it,” he said.
Iraq/Afghanistan Veteran (OIF V & OEF X & XIII)
Former Marine/MP/Combat Engineer
12-22-2011 02:58 PM