Military retirement plan not ‘unaffordable,’ defense official says

A senior defense official told a congressional panel Tuesday that the current military retirement system is "neither unaffordable nor spiraling out of control, as some would contend," and cautioned against proposals to replace it with a private-sector-style plan.
Jo Ann Rooney, the principal deputy undersecretary of defense for personnel and readiness, told a House Armed Services subcommittee Tuesday that private-sector models "may not necessarily be the proper approach for the military."
Read full article >> Karen Tumulty 26 Oct, 2011
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