The Drawbacks of Canceling Military Retirement Reform Act of 1986

For military personnel who had served the UnitedThis may not sound like a disadvantage at all
States with utmost dedication and service, it wouldconsidering the fact that the military personnel are
be very difficult for them to recognize the issuesthe ones who will benefit from such action.
that are more serious to the "national security" thanHowever, what the opposition would like to say is
how the men and women of the U.S. armed forcesthat making significant changes in the military
will benefit from military retirement.retirement plan is critical based on the following
In the U.S., military retirement plans are one of thereasons:
best gratifications these people should have by the1. Effect not clearly determined
time they have reached their retirement age.The effects on maintenance of the military funds
Considering the services and dedication that thebrought about by such major changes in the military
military personnel have offered, military retirement isretirement are hard to uncover in a snap. In fact,
the best reward to compensate their performances.many people claim that the objectives of canceling
Today, under the Military Retirement Reform Act ofREDUX were not even clearly put into details.
1986 (REDUX), military people are enjoying a 50%2. Changes like this are rare
compensation based on their "basic salary" while theyPolitical and military analysts say that changes in the
were still on service. This is after they have opted tosystem like that of the military retirement plans are
retire upon accumulating 20 years of military service."politically" hard to establish. In essence, changes like
This is applicable to any military personnel who havethe proposed REDUX cancellation are very
joined the service on or before July 31, 1986.uncommon.
Consequently, based on REDUX rules, anyone whoFor this reason, one can simply understand that
was able to join the military after July 31, 1986 ispeople, especially those in the military, can still do
expected to receive 40% of his basic compensationaway with what they have now. That means they
upon completion of a 20-year service in the military.can still survive for years without having to change
However, with the perilous weaknesses of thethe military retirement plans.
government, the compensations that militaryAll of these things are boiled down to the fact that in
retirement plans are expected to provide becomes aa matter of serious change in an ongoing political
threat instead of a reward.system like the military retirement, important
On its current state, the Federal government isconsiderations must be made and taken into account
presently considering the cancellation of REDUX. As abefore even thinking of drafting the proposal.
result, military retirement benefits will be fixed on aAll sides of the coin must be well considered, both
50% compensation upon completion of 20-yearpensively and on purpose. Changes to be made in
service for all the personnel.military retirement should not be dealt with as of the
Sounds good? Think again.moment but more on the long-term effect.
While military retirement benefits may increase uponThe complexity of choices and issues concerning
the cancellation of REDUX, many people still say thatmilitary retirement should not propose a threat on
it is not advisable that the government should takethe personal growth of every individual who have
drastic changes on important matters like theserved in the military.
proposed REDUX cancellation.Keep in mind that retirement is something that every
Statistical reports show that abolishment of REDUXworker should enjoy after his or her retirement age.
will charge the government a whopping $6 billion forThe war is over. Why prolong the agony of the
the following 6 years and approximately $1.5 billion amilitary people?
year after that.