How to Avoid the Military 'COLA Trap' by Getting Smart About Your Retirement Date
To understand how pay inversions happen, you'll need to get your head around how your retirement will be calculated.
Source: military.com
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Saving the American Dream: Improving Health Care and Retirement for Military Service Members and Their Families
The military’s health care and retirement systems have serious structural problems. Simply tinkering around the edges will leave military personnel and taxpayers paying more for less service. Instead, as The Heritage Foundation proposes, Congress should transform the military health care and retirement systems into defined-contribution plans that maximize individual choice. This would enable military personnel to tailor their benefits to match their individual circumstances while saving the Department of Defense at least $ZZZZ in five years.
Source: heritage.org