Compass
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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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AimPoint Pension
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Sequester May End Civil Service Pensions for Military Retirees
Government Executive Aug. 8, 2013 "Currently, the approximately 134,000 military retirees working for the Pentagon may forfeit their military retirement pay if they wish to apply their years of military service toward their civilian pension. Alternatively, they can keep their military retirement pay and start their service credit fresh when beginning their civilian careers. The new proposal would strip these options from military retirees, who would instead have to rely on their military retirement payments alone. The plan -- which, for now, remains very much in the hypothetical stage -- would save $100 billion over ten years[.]" |
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