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 Retirement

  1. Consumer Watch: For vets, it pays to shop around for life insurance

    A 75-year-old veteran wrote in to express frustration that rates for Veterans' Group Life Insurance increased in July for those 70 and older, noting that it's hard to find comparable private-sector coverage at that age.

    • Aug. 20, 2014
  2. Airmen return from deploymenton July 28. The Air Force announced Wednesday it has approved early retirement for more than 2,100 enlisted members and more than 350 officers. Airman 1st Class Anthony Sanchelli/Air Force

    Final count: More than 2,100 enlisted members granted early retirement

    The Air Force has finished processing and approving enlisted airmen's early retirement applications and is nearly finished officers' applications.

    • Apr. 23, 2014
  3. Retired Maj. Mick O'Donnell and his wife, Karin, seated, created Retirees on Call at Seymour Johnson Air Force Base, N.C., after a conversation with base chaplain Lt. Col. Dwayne Keener, standing right. Other retirees quickly joined the effort, including retired Master Sgt. Larry Hoch and his wife, Thetis. Ross Tweten / Air Force

    Retirees create network to help active-duty families

    One airman couldn't fit an oil change into his busy schedule.

    • Apr. 20, 2014
  4. Airmen return from a six-month deployment to Afghanistan. The Air Force has opened a new round of 15-year retirement opportunities for airmen who were deployed, on a short-tour assignment or had an unwaiverable service commitment during the last application window. Airman 1st Class Betty R. Chevalier/Air Force

    New early retirement window opens

    The Air Force on Tuesday opened a new window for select airmen to apply for early retirement.

    • Apr. 15, 2014
  5. The Air Force has made it easier for air crew applying for voluntary separation to receive service commitment and bonus repayment waivers. Staff Sgt. Efrain Gonzalez/Air Force

    15-year retirement window closes, but new round for some

    Some airmen will get a second chance at a 15-year retirement.

    • Apr. 7, 2014
  6. The Air Force has said airmen in overmanned fields such as enlisted security forces must be cut. 2nd Lieutenant Victoria Lalich / GovMedia

    Cash to leave in 2015: AF cranks up retirement, separation budget

    The Air Force is planning to spend as much as $1.6 billion on separations and early retirements by the end of fiscal 2015, according to budget documents submitted to Congress.

    • Mar. 24, 2014
  7. Lt. Gen. Samuel Cox, deputy chief of staff, manpower, personnel and services, says the 'strategic pause' in force reduction programs won't delay decisions on airmens' applications to retire or separate. Mike Morones/Staff

    Processing to resume for some early retirement, voluntary separation applications

    Air Force officials announced a decision Saturday to resume processing applications for voluntary separations and early retirement for airmen with 15 or more years of service, with the exception of some categories that require waivers such as for service

    • Mar. 17, 2014
  8. Troop survey shows distrust of retirement reform proposal

    The Pentagon's new proposal for reforming military retirement is drawing sharply negative reactions from today's career-minded service members, according to a recent survey of Military Times active-duty readers.

    • Mar. 13, 2014
  9. Pentagon: No formal proposal for retirement overhaul until 2015

    Defense Secretary Chuck Hagel wants to wait until next year before asking Congress to make fundamental changes to the current military retirement system, a Pentagon spokesman said Friday.

    • Mar. 7, 2014
  10. Readers: Don't mess with retirement pay

    The Pentagon's proposal to reduce the size of the pension checks military retirees receive in return for other new cash incentives drew swift condemnation online as people took to the Military Times Facebook pages to vent.

    • Mar. 7, 2014
  11. Exclusive: DoD proposes revolutionary changes in retirement benefits

    After years of silence on the intensely controversial issue of military retirement reform, the Pentagon on Thursday unveiled a detailed proposal for fundamental, far-reaching changes to the current pension system, Military Times has learned.

    • Mar. 6, 2014
  12. DoD: Give reservists immediate retirement pay

    Reservists would be eligible to begin receiving military retirement pay immediately after completing 20 years of part-time service under a new Pentagon proposal for overhauling the retirement system.

    • Mar. 6, 2014
  13. Disability pay: simpler, broader, more generous

    The Pentagon's new retirement reform proposal would make sweeping changes to the complex system of benefits that aim to compensate wounded warriors for injuries that cut short a military career.

    • Mar. 6, 2014
  14. Proposal would revamp Survivor Benefit Program

    A Defense Department proposal to revamp its Survivor Benefit Program would save money by increasing the premium that retirees pay for coverage.

    • Mar. 6, 2014
  15. An Air Force medical lab technician draws blood from an active-duty spouse at the Shaw Air Force Base, S.C., hospital. Under a new Pentagon proposal, care for active-duty family members would remain free, but they would pay new fees when obtaining care from civilian Tricare providers. Airman 1st Class Daniel Phelps/Air Force

    DoD proposes wide-ranging Tricare fee hikes

    Tricare Prime, Standard and Extra would go the way of the dodo, replaced by a single Tricare plan with a fee structure adjusted to where beneficiaries get medical care, under the Pentagon's proposed fiscal 2015 budget.

    • Mar. 4, 2014
  16. The Senate voted 95-3 to repeal the planned reductions to annual cost-of-living adjustments in military retirement pay. Evan Vucci/AP

    Congress repeals caps on military retired pay

    The fight against reductions in military retired pay is over — and retirees have emerged victorious.

    • Feb. 12, 2014
  17. A bill restoring the 1-percentage-point cut to annual the cost of living increase for working age retired service members passed the House yesterday and a Senate vote Wednesday afternoon would send it to the White House for President Barack Obama's signature. Jewel Samad / AFP

    Senate to clear bill ending military pension cuts

    The Senate is on track to clear a bill to reverse cuts to military pensions enacted just two months ago.

    • Feb. 12, 2014
  18. The House's repeal of COLA caps would offset the lost savings by extending sequestration on mandatory Medicare spending by one year, to 2024. Karen Bleier/AFP via Getty Images

    House votes to repeal COLA caps

    A measure that would repeal caps on annual increases in military retired pay steamed through the House on Tuesday, receiving well over the two-thirds majority required for fast-tracked legislation.

    • Feb. 11, 2014
  19. Speaker of the House John Boehner, R-Ohio. Jim Watson / AFP

    House pulls pension restoration from debt ceiling bill

    House Republican leaders abandoned an effort to tie a pending vote to raise the nation's borrowing limit to a repeal of a minor military pension cut and instead will vote Tuesday evening on a 'clean' bill to suspend the debt ceiling through March 2015.

    • Feb. 11, 2014
  20. Senate Majority Leader Harry Reid has fast-tracked a bill that would repeal legislation that reduced annual COLA increases by 1 percentage point for 'working age' retirees. J. Scott Applewhite/AP

    Senate to vote Monday on repeal of COLA caps for retirees

    Legislation that would repeal caps on annual cost-of-living adjustments for military retirees under age 62 will be considered next week by the Senate.

    • Feb. 7, 2014
  21. Senate committee to vote on repealing retiree COLA caps

    The Senate Armed Services Committee will consider a bill next week to repeal the caps on annual cost-of-living increases in military retired pay.

    • Feb. 5, 2014
  22. Raises, BAH are likely targets of 2015 defense budget

    The Pentagon's 2015 budget is likely to contain such belt-tightening proposals as reducing active-duty pay raises and housing allowances and instituting fees for Tricare for Life, officials told a Senate panel Thursday.

    • Feb. 3, 2014
  23. Former Defense Secretary Bob Gates signs copies of his new book: 'Duty: Memoirs of a Secretary of War,' during a book signing at the Pentagon on Jan. 16. Susan Walsh/AP

    Interview: Gates talks pay reform, toxic leaders and more

    Former Defense Secretary Robert Gates oversaw the troop surges in both Iraq and Afghanistan during his tenure at the Pentagon from 2006 to 2011. His recently published memoir,

    • Jan. 31, 2014
  24. Navy Adm. James Winnefeld Mike Morones/Staff

    Pentagon will review higher pensions for top officers

    A Pentagon commission on military compensation will review a 2007 increase in pensions for three- and four-star officers that made the retirement pay of some officers higher than what they made on active duty, the vice chairman of the Joint Chiefs of Staf

    • Jan. 29, 2014
  25. Grandfather current troops, retirees on COLA cuts, DoD urges

    The Pentagon opposes the pending reductions in annual retirement pay increases and believes changes in the military retirement system should come not from Congress but from a commission convened to study benefits modernization, senior officials told lawma

    • Jan. 28, 2014
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