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just one of the costs of the drawdown..

Steve

Well-known member
I wouldn't be able to put a number on it.. but looking at my separation package.. it would have been cheaper to keep me..

Separation incentives: Several of the incentives used in the drawdown of 1990-96 expired years ago, but were reinstated in the 2012 Defense Authorization Act signed into law Dec. 31 by President Obama.

Lawmakers recently reinstated the Voluntary Separation Incentive and the Special Separation Benefit, which had been approved by Congress in 1991. The incentives can be used through Dec. 31, 2018.

Targeted officers and enlisted soldiers with more than six but less than 20 years of service were given the choice of volunteering for either one of these buyouts.

• The SSB provided separating soldiers with a lump-sum payment equal to 15 percent of their final monthly pay multiplied by 12, and then multiplied by the soldier's years of active service.

The VSI was a special type of annuity that provided one payment every 12 months equal to 2.5 percent of a soldier's final monthly pay, and then multiplied by the soldier's years of active service.

The VSI payment was to be made for twice the number of years the soldier served on active duty.

Soldiers who accepted either of these incentives agreed to serve in the Ready Reserve of any service, with the length of obligation determined by the incentive option.

SSB recipients incurred, at a minimum, a three-year reserve obligation. VSI soldiers were obligated to serve in a reserve component for the duration of their payment period.

• The 2012 Defense Authorization Act reinstates a voluntary separation option called the Temporary Early Retirement Authority until Dec. 31, 2018.

Congress had established this incentive in 1993. Personnel managers targeted the incentive at soldiers with 15 to 20 years of service.

Under TERA, targeted soldiers had the option of retiring after only 15 years of service.

While monthly retirement pay was adjusted to reflect years of active-duty service, recipients qualified for all other benefits.

Early retirement: The newly enacted 2012 defense budget authorizes a voluntary retirement incentive for officers with 20 to 29 years of service. The authority would provide up to one year of basic pay for eligible officers.

The Senate version of this provision did not limit the number of officers who could be targeted for the incentive.

each time they have done this they realized time was the factor determining savings..

the faster you draw-down the more it costs..

several policy papers suggest 6 years is the ideal time-frame..

by what is already approved for the draw-down.. Obama was targeting 4 years.. and that was before Hagels announcement of a more drastic draw-down..

so if we get the peacetime dividend.. our overall budget will decrease..

history shows..the peacetime dividend is always interrupted by a war or conflict.. and ends with a costly escalation in military spending...









liberal claims of budget savings are like a publishers clearing house winning prize..
 
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