The Drawbacks of Canceling Military Retirement Reform Act of 1986
For military personnel who had served the United States with utmost dedication and service, it would be very difficult for them to recognize the issues that are more serious to the national security than how the men and women of the U.S. armed forces will benefit from military retirement.
In the U.S., military retirement plans are one of the best gratifications these people should have by the time they have reached their retirement age. Considering the services and dedication that the military personnel have offered, military retirement is the best reward to compensate their performances.
Today, under the Military Retirement Reform Act of 1986 (REDUX), military people are enjoying a 50% compensation based on their basic salary while they were still on service. This is after they have opted to retire upon accumulating 20 years of military service. This is applicable to any military personnel who have joined the service on or before July 31, 1986.
Consequently, based on REDUX rules, anyone who was able to join the military after July 31, 1986 is expected to receive 40% of his basic...
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