Thursday
Jan092014
Top military brass kept from pension cuts that budget deal brings to soldiers
Thursday, January 9, 2014 at 08:38AM WASH TIMES
December’s congressional budget deal will shave the pensions of many career soldiers via cost-of-adjustment changes — but top brass will be unaffected.
Retirement benefits for senior officers that were changed in 2003 to retain them during the wars in Afghanistan and Iraq, and then 2007 for similar purposes, will not have their pensions altered, USA Today reported.
Currently, four-star officers who retire with 40 years of experience will receive a pension of $237,144, the Pentagon said. Officers with 38 years of service saw an $84,000 pension jump due to changes to the system in 2007, USA Today reported
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