New military retirement system might be popular, study says
A proposal that would transform the military retirement system by promising smaller monthly checks but also giving troops a lump sum “transition pay” immediately upon retirement could turn out to be very popular among most service members, according to a new study.
The study published Wednesday by the RAND Corp. think tank looked in detail for the first time at how today’s 1.4 million active-duty troops might respond to a sweeping overhaul of the traditional military retirement system.
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