Friday, December 5, 2014

Congress docks pensions for senior Pentagon brass

http://www.armytimes.com/story/news/politics/2014/12/03/pensions-generals-ad
mirals/19848545/


WASHINGTON - Pensions for generals and admirals will be trimmed to ensure
that they make no more in retirement than they earned while in uniform under
an agreement on Pentagon spending for 2015 reached by Senate and House
negotiators.

The agreement on the National Defense Authorization Act (NDAA) reverses a
decision made in 2007 to modify pensions for three- and four-star generals
and admirals in an effort to retain them as the wars raged in Iraq and
Afghanistan. It boosted the pensions of some senior officers by 63%. USA
TODAY first reported on the modification in 2012 when the Pentagon's highest
pension payment of $272,892 per year went to a retired four-star officer
with 43 years' experience.

A January 2014 report by USA TODAY showed the Pentagon had no plans to
reduce senior officers' pensions although a December 2013 budget agreement
called for lower pension rates for other military retirees.

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