The survey was conducted by the Commissionaires, a non-profit organization that does some contracted security work for the government. Military retirees have one of the best pension plans in the US. FREE Weekly Updates!
The Commissionaires employ over 8,000 veterans across the country. How much retirement pay a member receives is based on years of service and rank. Military retirement is fairly generous compared to most civilian retirement plans, and can even be worth millions over the life of the retiree.
In exchange, they receive retirement pay for life. Here’s how we make money.
Once upon a time people were barefoot, lived in caves and without the IRS. Save my name, email, and website in this browser for the next time I comment. The survey results come as a recent NDP private members bill (C-201) tabled by MP Peter Stoffer was defeated at the committee level in the House of Commons. Ryan uses Personal Capital to track and manage his finances. I spent 10 years active duty USAF (1996-2006). They are two separate animals. He served over 6 years on active duty in the USAF and is a current member of the IL Air National Guard. Opinions expressed here are author’s alone, not those of the bank advertiser, and have not been reviewed, approved or otherwise endorsed by the bank advertiser.
It is not a stretch to say that military retirement is worth millions over the life of the retiree. Every member's retirement pay differs to some degree based on length of service and rank. Here's What the Recruiter Never Told You About Military Pay, Understanding Your Leave and Earnings Statement (LES), Complete List of Military Separation Codes, What You Need to Know About Active Duty Montgomery GI Bill. Unlike active duty pay, military retired/retainer pay cannot be garnished for commercial debts (i.e. His story is inspirational and well worth reading. I suggest they walk a mile in any military retirees active duty shoes before complaining. So use this as an opportunity to take a job in a field that is rewarding.
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