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Military retirement: Service contributions do not reflect service specific estimated costs

December 6, 2018

“As recruits enter the military, the 4 service branches are required to pay into a fund to cover the estimated cost of their retirement benefits. Each service currently pays the same percentage of basic pay. A proposed law would have required the Department of Defense to calculate a contribution rate specific to each service. … We found the likelihood of reaching retirement eligibility varied widely by service, with members of the Air Force more than 3 times more likely than Marines to stay until eligible.”

Read the full article on: U.S. Government Accountability Office

 
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