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11/4/2012 10:54 AM
Think tank recommends big benefits cuts - Air Force News | News from...
http://www.airforcetimes.com/news/2012/11/military-think-tank-recom...
with fewer than 10 years of service, benefits could be cut: Instead of receiving 50 percent of basic pay after 20 years of service, with immediate benefits, the report says the benefits would be 40 percent of base pay with payments not beginning until age 60. For people not yet in the military, there would be no fixed retired pay in the future, only a pre-tax retirement savings plan based on contributions from the service member.
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11/4/2012 10:54 AM