Congressional commission releases new plan to overhaul military pay and retirement
A congressionally mandated commission on Thursday called for an overhaul of the military’s compensation and retirement system, recommending changes so that future service members will contribute to their own retirements and could choose private-sector healthcare plans. A long-awaited report from the Military Compensation and Retirement Modernization Commission made 15 recommendations that members said would increase the financial options troops have without reducing their overall compensation.
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