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| | #41 | |
| Oldtimer Member Since: Feb 2001 Location: Up the hill and down the holler
Posts: 12,603
| Quote:
Another misconvception of yours is your statement regarding Congressional retirement. Senate and House members fall under the Fed retirement system and none receive 100% retirement as it is calculated exactly the same as a Fed employees retirement is (variations exist depending whether the person is covered by CSRS of FERS), but no one gets 100% and I challenge you to show otherwise.
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| | #42 | |
| Repete Member Since: Jan 2003 Location: Hollywood
Posts: 50,905
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| | #43 | |
| Registered User Member Since: Oct 2011
Posts: 1,543
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The people that did that sort of stuff usually said that the military owed it to them for all the BS they'd had to put up with.
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| | #44 | ||
| Unauthorized User Member Since: Dec 2011 Location: Thundera
Posts: 5,826
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I don’t get it either. I collect 10% and if the gubberment wants to keep that for the greater good, it’s all theirs but my 10% injury was done at work while on active duty not like another guy I know who laid down his motorcycle and now collects. I’ve been hearing for the last month sequestration this and sequestration that. It seems to me it’s becoming just another case of entitlement.
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| | #45 | |
| Registered User Member Since: Apr 2005
Posts: 5,753
| Quote:
If a potential recruit has a pre-existing condition (familial thyroid disease, broken leg in high school, high-refraction visual problems, etc.) and is otherwise eligible for recruitment (legal, educational, moral, whatever) the Service secretary can waive the pre-existing condition and the member can be recruited/commissioned if that condition is healed or inactive (not expected to reactivate). If that condition is aggravated (or becomes symptomatic) during the term of service, it is considered a "Service-connected-or-aggravated condition" for which a disability can be levied. If the Service levies the disability, the VA won't (you cannot draw two disability checks for the same disability). If the Service doesn't levy a disability the VA has the option of evaluating the member at the time of retirement (medical or longevity) and assessing a level of disability. The leniency the VA pays for disability determination is subject to political attention. After the Viet Nam war there was high interest in helping the veterans, so a lot were granted high-rate disabilities. Over time the interest waned (like we see beginnings in the Administration right now) and it gets harder to get a VA disability. Right now we're coming off a high-interest, easy-to-get VA disability (which is why the VA cannot keep up with demand). Getting a high rating from the VA doesn't make you rich (contrary to the opinions of some on this forum). I'm personally 60% disabled but I receive less than 1% of what my annual salary was on active duty. Granted, Federal income tax is not collected on that. Some states do tax that as regular income (you know, the ones with high structural deficits in their state budgets?) Oh, by the way. With 30 years of service, and 60% disability, I don't have a retirement job. I am living on my Service retirement pension, VA pittance and NO Social security for two more years though I am over 65 now.
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| | #46 | |
| Registered User Member Since: Nov 2009
Posts: 273
| Quote:
When a retired civil servant can make 100% of what they were making as a GS XX on 50% of the time after retirement, WHY ARE WE FOOTING A RETIREMENT, that should have been their investments (responibility) when earning a salary while employed. Regardless of how I know about it, we need to modify it. If it's fair across all retirement plans provided for by the govt, we need to reduce it to avoid becoming the next Greece. We shouldn't focus on any one group, but ALL retirements provided by government at any level. Instant savings. The bottom line even at 66% it's to generous for doing your job. | |
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| | #47 | ||||
| Oldtimer Member Since: Feb 2001 Location: Up the hill and down the holler
Posts: 12,603
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| | #48 | ||
| Registered User Member Since: Apr 2010
Posts: 1,000
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However, what the military members do have exclusive to them and not other American workers is people in the military can and often do get ordered to work extensive hours and not be compensated for them. People in the military can and often do get held in a certain location and can't leave without the possibility of being criminally charged for disobeying someone. Members of the military are compensated at a far lower than their civilian counterparts. But they are not the only people who can collect a pension prior to 65? I don't even know where the op is getting that. Police officers, firemen, truck drivers, warehouse workers, and the list goes on and on collect pensions prior to 65. | ||
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| | #49 |
| Registered User Member Since: Dec 2012
Posts: 543
| Bottom line is because that is what they were promised as part of their overall compensation package. Deferred compensation. |
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| | #50 |
| Resident PIA Member Since: Jun 2004
Posts: 3,213
| What about it? Under the old (CSRS) program you had to meet certain criteria - I believe you needed a number of years of service plus minimum age of 55. If you didn't meet those criteria annutity is reduced 2% for each year (or part of a year) you are short. CSRS and Military retirement I believe are both taxable income. The joke on civil service is that with the new method of calculating the retirees tax exempt portion, it's like 95 percent taxable as they now ammortize it over your expected (cough) life. The other payback is that most retired civil service workers will pay into social security. They will meet the requirements for quarters but will never collect a dime as a law was enacted in 1986 that provided for a dollar for dollar offset. The concept of a federal retiree recieving both an annuity AND a social security check was not politically acceptable. Military retirees can collect both. FWIW, publics sector / public safety employees typicall retire after 20 years of service as well - that would be police and fire fighters. Beyond risk, I think you will find most have some physical disability. I would bet most former military have been exposed to chemicals / materials that are hazardous to their health and the number 1 problem is hearing loss form noise exposure. Hey, we are getting better at it but the government / military is far behind the requirements the government (OSHA) imposes on private industry.
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