Panetta and the question of military retirement

Less than two months on the job and Defense Secretary Leon E. Panetta has put his foot on a Pentagon third-rail issue by saying he is willing to look at reform of the 100-year-old military retirement system to save money. A recent example: The first question to Panetta after a recent general talk at the Naval Postgraduate School in Monterey, Calif., was from an officer in the business school. The officer referred to the threatened $600 billion in national security reductions and then asked, “Many of us have seen the Defense Business Board’s recommendation for retirement, what is your stance on the military’s retirement, sir?” Read full article >>

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