January 28, 2015
Report: Changes May Hit Military Basic, Special and Retirement Pays
A blue-ribbon panel on military compensation and retirement will probably recommend changes to basic, special and retirement pays, researchers say.
The congressionally mandated Military Compensation and Retirement Commission will release its long-awaited report Thursday afternoon after a two-year review.
While the document is likely to call for changing certain forms of troop compensation, it probably won't include more radical reforms to cut personal costs, according to a white paper released Tuesday by the Center for a New American Security, a Washington, D.C.-based think tank.
"Early reports suggest the commission will produce modest recommendations for reform of military compensation, focusing on changes to the calculation of base pay, special pay and retirement," states the document, which was co-authored by senior fellow Phillip Carter and research associate Katherine Kidder.
Read the full article at Military.com.