Wednesday, June 27, 2007

Reserve retirement bill may have small impact

By Rick Maze - Staff writer
Posted : Tuesday Jun 26, 2007 18:06:22 EDT

A Senate proposal to provide early reserve retirement benefits is mostly window dressing, according to a report by the nonpartisan Congressional Budget Office.

The plan approved by the Senate Armed Services Committee as part of its version of the 2008 defense authorization bill would allow reservists to earn retired pay earlier that age 60, when payments now start, for serving on active duty.

More at: http://www.navytimes.com/news/2007/06/military_reserve_retirementbenefits_070626w/