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Financial experts: The new military retirement system has major flaw

from Military Times (tiered subscription model)

Top financial experts are worried about a key piece of the military's new blended retirement system and are urging the Pentagon not to shortchange career troops — especially enlisted service members. Specifically, the American Academy of Actuaries is scrutinizing the new system's lump-sum payout option and precisely how the Pentagon will calculate it for those who elect to cash, such a large portion of their pension. more


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