Pentagon proposal would give Reservists retirement pay sooner

03/7/2014 | Military Times · MarineCorpsTimes.com

Reservists completing 20 years of part-time service would be able to receive military retirement pay immediately as part of a Defense Department proposal to change the military retirement system. Currently, Reservists must wait until they are 60 to begin collecting retirement pay. Under the Pentagon proposal, retirement packages for active-duty and Reserve service members would include monthly checks along with a 401(k)-style investment account.

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Military Times · MarineCorpsTimes.com

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