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Name:   shirt The author of this post is registered as a member - Email Member
Subject:   Correction
Date:   6/30/2010 8:19:50 AM

There are a couple of retirement systems currently out there. The person referenced that is in Korea is probably under the system that averages your last three years of pay. It has nothing to do with time in grade. That is an entirely different issue. The time in grade issue comes into play as your highst rank held. There is a requirement to have held that rank for a certain amount of time, to keep that rank. or " Highest rank held" As with most things it is waiverable, and usually is.

As for McKrystal, his rank at retirement also can be waived by the president. He resigned, and as far as I know was not charged with anything. That is usually the case in these cases.

Yes, I am a retiree. I retired about ten years ago. At that time there was three retirement systems in place.

You probably would be suprised if you saw what the new folks entering the service have for a retirement plan. As I recall they will have to wait until they reach a certain age to collect.
Other messages in this thread:View Entire Thread
Military Retirement - lotowner - 6/29/2010 6:30:31 PM
     Military Retirement - Talullahhound - 6/29/2010 11:25:18 PM
     Correction - Talullahhound - 6/30/2010 7:45:14 AM
          Correction - shirt - 6/30/2010 8:19:50 AM
               Correction - Talullahhound - 6/30/2010 3:36:05 PM
                    Correction - MrHodja - 6/30/2010 4:36:01 PM



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