Military Retirement and Deficit Cutting

(From MOAA newsletter)

Yesterday, the Administration put out its plan to cut the deficit by $3 trillion over the next 10 years, including specific proposals for $27 billion in cuts in the military retirement and health care package.

The Administration plan envisions:
• Establishing an annual enrollment fee for TRICARE For Life
• Another (unspecified) retail pharmacy copay hike
• Establishing a BRAC-style commission to recommend “modernizing” the military retirement system