And anyone else who cares to read.
The results of The Military Compensation an Benefits Modernization Commission have been briefed to The Senate and Congress Armed Services Commitees.
I rarely raise the Flag, however I have been closely watching this issue and it is not looking good.
Brief Overview of Major Proposals:
- All Military Retirees under the age of 65 and current active duty dependents will lose all TRICARE Medical Benefits. AD Dependents will receive an allowance to procure medical insurance through OPM and retirees and their dependents will pay premiums out-of-pocket incrementally starting in FY 2017. I did a brief review of the OPM Civilian Plans for my State and lets just say, one could not afford to be me. Please note NO ONE will be grandfathered. TFL and TRICARE for AD Service Members will remain unchanged.
-- Many Military Retirees will most likely be at the mercy of the VA. And those of us
with 100% SC MS will push other veterans out of the system. I believe retirees will
Flock into the VA system.
- Current Retirement System is being Overhauled. Service Members will have a 401K -type retirement vs. the standard 20-30 year pension. All current Service Members are grandfathered. In order to actually do this Congress would have to request a Change in law.
- Other benefits are being slashed as well...but those are the two big ones.
I have written a strongly worded letter and have received a call from The Capital. As a military retiree with MS, I have asked to be given the opportunity to personally testify if there is a possibility that this is going through.
Please remember that we can not engage in Political Discussion on this Board...so I must keep my opinions to myself. But I felt that this proposal was important enough to let you know about it. It will be a few months before we know the impact this is going to have. But if Current Retirees loose their medical benefits...well...if you don't like this, I suggest you contact your political representative or Military Service Organization such as the DAV.
The results of The Military Compensation an Benefits Modernization Commission have been briefed to The Senate and Congress Armed Services Commitees.
I rarely raise the Flag, however I have been closely watching this issue and it is not looking good.
Brief Overview of Major Proposals:
- All Military Retirees under the age of 65 and current active duty dependents will lose all TRICARE Medical Benefits. AD Dependents will receive an allowance to procure medical insurance through OPM and retirees and their dependents will pay premiums out-of-pocket incrementally starting in FY 2017. I did a brief review of the OPM Civilian Plans for my State and lets just say, one could not afford to be me. Please note NO ONE will be grandfathered. TFL and TRICARE for AD Service Members will remain unchanged.
-- Many Military Retirees will most likely be at the mercy of the VA. And those of us
with 100% SC MS will push other veterans out of the system. I believe retirees will
Flock into the VA system.
- Current Retirement System is being Overhauled. Service Members will have a 401K -type retirement vs. the standard 20-30 year pension. All current Service Members are grandfathered. In order to actually do this Congress would have to request a Change in law.
- Other benefits are being slashed as well...but those are the two big ones.
I have written a strongly worded letter and have received a call from The Capital. As a military retiree with MS, I have asked to be given the opportunity to personally testify if there is a possibility that this is going through.
Please remember that we can not engage in Political Discussion on this Board...so I must keep my opinions to myself. But I felt that this proposal was important enough to let you know about it. It will be a few months before we know the impact this is going to have. But if Current Retirees loose their medical benefits...well...if you don't like this, I suggest you contact your political representative or Military Service Organization such as the DAV.
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