DOD sends blended retirement proposal to Congress

2015-06-16T00:25:21-07:00June 16th, 2015|Categories: Pension Reform|Tags: , |

A Defense Department proposal submitted to Congress Wednesday would create what Pentagon officials called a “blended defined benefit and defined contribution” military retirement system. Pentagon spokesman Army Col. Steve Warren told reporters that the proposal includes elements the department believes are necessary to promote retention, to maintain the all-volunteer force, and to protect service members who retire due to disability. […]