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Originally posted by TDawgRex
reply to post by ChuckNasty
You are correct in many ways. Once you have the time in, the pay does start to equal out.
Regarding trimming the fat? I would revamp the R&D system that is currently in place. That would save a lot of money.
As a retired E7, I can live on my retirement, but that's about it. I can make ends meet. But should a emergency arise, it could wipe me out financally.
I do have another job though and am living comfortably, but if I didn't have that job, a lot of my lifes plans would be put on hold, probably indefinately.
Originally posted by artnut
Wow. My husband is retired, E6. I would not think that your retirement is a whole lot more than my husbands, which is about $1400 a month. I am amazed you can live off of that.... That is barely a mortgage payment!
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Originally posted by Taiyed
Only desperation can explain resurrecting stories from 9 months ago.
Originally posted by Pervius
There are 320,000 Americans who have been "Disabled Retired" from the military. Although they are "Retired" they do not get paid.
Since they had less than 20 years of service they can't get paid a military retirement check and VA Disability. So they only get their little VA Disability checks.
If they lose their Tricare, or they have to start paying hyper high Premiums for Tricare, they will end up having to PAY to be military retirees, instead of getting PAID as military retirees.
Which they aren't....getting paid. President Harry Truman moved the Disability Retirement Program from Veterans Affairs when he was President. He moved the program from the VA (Created under the Career Compensation Act long ago) and he moved it under DOD with Executive Order 10122.
The MEGA Billions was then transferred to DOD, and they in turn kept it to fund the military. They don't actually PAY their Disabled Retired. Their only benefit is a blue ID card giving them Tricare healthcare for their family.
Obama takes that away and there's going to be 320,000 disabled Americans who will soon be even poorer. As of right now they aren't even getting enough money to have a roof over their families heads.edit on 29-10-2012 by Pervius because: (no reason given)
Originally posted by 200Plus
reply to post by SilentKillah
Actually a lot of people fall into this catagory. I am retired at 70% from the army (2020.00 per month), and 90% from VA (1780.00) per month. The VA offsets which means they send the money to DoD, DoD adds 240.00 to my VA retirement an I get 2020.00 per month. Thats how it works for a vast majority of people. If you "double dip" meaning you get both retirements, you served 20+ years of active duty. I have 18 years 10 months and 17 days of active duty.
There is another route, which is CRSC (Combat Related Special Compensation). It allows people with a 50% DoD medical retirement and a VA medical rating to "double dip" as well. However, in oder to qualify your medical disabilities must be combat related. As my disabilities are all 100% combat injuries I have filed, but no word back yet. With VA 2 1/2 months behind on my GI Bill money, I'm not holding my breath.