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Military Retirement: Too Sweet a Deal?

Military Retirement Too Sweet a Deal


Twenty years until vesting is four times longer than what is legally allowable in a private sector pension. Why? It is coercive. And it’s not just distorting the behavior of the employees, but the employers as well. In 1978, a few years after the All Volunteer Force was enacted into law, the U.S. Government Accountability Office (GAO) was calling for an end to the 20-year cliff in a clearly titled report, Retirement Security: The 20-Year Military Retirement System Needs Reform:

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I've never seen anyone question the twenty years till vesting before. 

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