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 Retirement

  1. Troop survey shows distrust of retirement reform proposal

    The Pentagon's new proposal for reforming military retirement is drawing sharply negative reactions from today's career-minded service members, according to a recent survey of Military Times active-duty readers.

    • Mar. 13, 2014
  2. Pentagon: No formal proposal for retirement overhaul until 2015

    Defense Secretary Chuck Hagel wants to wait until next year before asking Congress to make fundamental changes to the current military retirement system, a Pentagon spokesman said Friday.

    • Mar. 7, 2014
  3. Readers: Don't mess with retirement pay

    The Pentagon's proposal to reduce the size of the pension checks military retirees receive in return for other new cash incentives drew swift condemnation online as people took to the Military Times Facebook pages to vent.

    • Mar. 7, 2014
  4. Exclusive: DoD proposes revolutionary changes in retirement benefits

    After years of silence on the intensely controversial issue of military retirement reform, the Pentagon on Thursday unveiled a detailed proposal for fundamental, far-reaching changes to the current pension system, Military Times has learned.

    • Mar. 6, 2014
  5. DoD: Give reservists immediate retirement pay

    Reservists would be eligible to begin receiving military retirement pay immediately after completing 20 years of part-time service under a new Pentagon proposal for overhauling the retirement system.

    • Mar. 6, 2014
  6. Disability pay: simpler, broader, more generous

    The Pentagon's new retirement reform proposal would make sweeping changes to the complex system of benefits that aim to compensate wounded warriors for injuries that cut short a military career.

    • Mar. 6, 2014
  7. Proposal would revamp Survivor Benefit Program

    A Defense Department proposal to revamp its Survivor Benefit Program would save money by increasing the premium that retirees pay for coverage.

    • Mar. 6, 2014
  8. An Air Force medical lab technician draws blood from an active-duty spouse at the Shaw Air Force Base, S.C., hospital. Under a new Pentagon proposal, care for active-duty family members would remain free, but they would pay new fees when obtaining care from civilian Tricare providers. Airman 1st Class Daniel Phelps/Air Force

    DoD proposes wide-ranging Tricare fee hikes

    Tricare Prime, Standard and Extra would go the way of the dodo, replaced by a single Tricare plan with a fee structure adjusted to where beneficiaries get medical care, under the Pentagon's proposed fiscal 2015 budget.

    • Mar. 4, 2014
  9. The Senate voted 95-3 to repeal the planned reductions to annual cost-of-living adjustments in military retirement pay. Evan Vucci/AP

    Congress repeals caps on military retired pay

    The fight against reductions in military retired pay is over — and retirees have emerged victorious.

    • Feb. 12, 2014
  10. A bill restoring the 1-percentage-point cut to annual the cost of living increase for working age retired service members passed the House yesterday and a Senate vote Wednesday afternoon would send it to the White House for President Barack Obama's signature. Jewel Samad / AFP

    Senate to clear bill ending military pension cuts

    The Senate is on track to clear a bill to reverse cuts to military pensions enacted just two months ago.

    • Feb. 12, 2014
  11. The House's repeal of COLA caps would offset the lost savings by extending sequestration on mandatory Medicare spending by one year, to 2024. Karen Bleier/AFP via Getty Images

    House votes to repeal COLA caps

    A measure that would repeal caps on annual increases in military retired pay steamed through the House on Tuesday, receiving well over the two-thirds majority required for fast-tracked legislation.

    • Feb. 11, 2014
  12. Speaker of the House John Boehner, R-Ohio. Jim Watson / AFP

    House pulls pension restoration from debt ceiling bill

    House Republican leaders abandoned an effort to tie a pending vote to raise the nation's borrowing limit to a repeal of a minor military pension cut and instead will vote Tuesday evening on a 'clean' bill to suspend the debt ceiling through March 2015.

    • Feb. 11, 2014
  13. Senate Majority Leader Harry Reid has fast-tracked a bill that would repeal legislation that reduced annual COLA increases by 1 percentage point for 'working age' retirees. J. Scott Applewhite/AP

    Senate to vote Monday on repeal of COLA caps for retirees

    Legislation that would repeal caps on annual cost-of-living adjustments for military retirees under age 62 will be considered next week by the Senate.

    • Feb. 7, 2014
  14. Senate committee to vote on repealing retiree COLA caps

    The Senate Armed Services Committee will consider a bill next week to repeal the caps on annual cost-of-living increases in military retired pay.

    • Feb. 5, 2014
  15. Raises, BAH are likely targets of 2015 defense budget

    The Pentagon's 2015 budget is likely to contain such belt-tightening proposals as reducing active-duty pay raises and housing allowances and instituting fees for Tricare for Life, officials told a Senate panel Thursday.

    • Feb. 3, 2014
  16. Former Defense Secretary Bob Gates signs copies of his new book: 'Duty: Memoirs of a Secretary of War,' during a book signing at the Pentagon on Jan. 16. Susan Walsh/AP

    Interview: Gates talks pay reform, toxic leaders and more

    Former Defense Secretary Robert Gates oversaw the troop surges in both Iraq and Afghanistan during his tenure at the Pentagon from 2006 to 2011. His recently published memoir,

    • Jan. 31, 2014
  17. Navy Adm. James Winnefeld Mike Morones/Staff

    Pentagon will review higher pensions for top officers

    A Pentagon commission on military compensation will review a 2007 increase in pensions for three- and four-star officers that made the retirement pay of some officers higher than what they made on active duty, the vice chairman of the Joint Chiefs of Staf

    • Jan. 29, 2014
  18. Grandfather current troops, retirees on COLA cuts, DoD urges

    The Pentagon opposes the pending reductions in annual retirement pay increases and believes changes in the military retirement system should come not from Congress but from a commission convened to study benefits modernization, senior officials told lawma

    • Jan. 28, 2014
  19. Senate to hold hearing on pending COLA cuts

    Senate Armed Services Chairman Carl Levin, D-Mich., has scheduled a hearing to examine the impact of the pending cost-of-living adjustment cuts for military retirees.

    • Jan. 20, 2014
  20. A massive spending bill passed Wednesday by the House of Representatives provides $472 billion for the Pentagon's base budget for the current fiscal year, which ends Sept. 30. Saul Loeb/Getty Images

    Senate passes fiscal 2014 budget bill, sends to Obama

    The Senate quickly passed the massive $1.1 trillion omnibus spending bill Thursday evening 72-16 and sent it to the president for signature, which the White House has signaled it will approve in short order.

    • Jan. 15, 2014
  21. Advocates: COLA fixes miss the mark

    The massive omnibus spending bill unveiled by congressional appropriators Monday night includes restoration of the full annual cost of living adjustment for medically retired service members and eligible survivors.

    • Jan. 14, 2014
  22. Retired Marine Corps Reserve Maj. Gen. Arnold Punaro, a member of the Defense Business Board, has been outspoken about the need to slow the growth in military personnel spending to preserve readiness. Mike Morones/Staff

    Retired generals, admiral embrace pay reductions

    Four retired general and flag officers with a collective 14 stars among them — including an outspoken advocate for military compensation reform — have expressed support for the 1 percent reductions in annual military retired pay increases approved by Cong

    • Jan. 13, 2014
  23. Top military brass will keep their specially boosted pensions despite the December budget deal that trimmed pension rates for other military retirees, Pentagon officials said Tuesday. AFP

    Pensions continue to grow for military brass

    Top military brass will keep their specially boosted pensions despite the December budget deal that trimmed pension rates for other military retirees, Pentagon officials said Tuesday.

    • Jan. 8, 2014
  24.  Twitter

    Family groups to rock Twitter over COLA rollbacks

    Military families and advocacy groups angered by a planned rollback in military retirement pay increases will take to the Twittersphere Tuesday to protest the initiative.

    • Jan. 7, 2014
  25. Tricare launches pharmacy cost calculator

    As the deadline nears for Tricare for Life beneficiaries to begin filling routine prescriptions at military pharmacies or by mail, Tricare has introduced a calculator to show just how much money they'll save by making the switch.

    • Jan. 6, 2014
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