Posted by Randy | September 01, 2011
I want to share with you this editorial from the Virginian-Pilot that highlights the importance of the current military retirement system.
September 1, 2011
One of the defining characteristics of military bureaucracy, as any soldier or sailor will tell you, is a disposition toward caution. Safe solutions are unlikely to set off a superior or endanger a career. The downside of that caution, of course, is that it doesn’t exactly encourage innovation.
So the military has, in the military’s way, set up a variety of systems to circumvent its own tendency to play it safe. Among them is the Defense Business Board, chartered to provide “independent advice and recommendations on effective strategies for the implementation of best business practices on matters of interest to the Department of Defense.”
That creates problems of its own. Businesses exist to make profits. The military exists to fight wars - to break things and kill people, to quote the cliché. That difference creates a sometimes stark tension. It can also create major changes.
The DBB, for example, was the entity that recommended the end of Joint Forces Command, which it concluded had outlasted its usefulness. Now the DBB has turned its eye to the military’s pension system, which faces obligations so expensive that it may cripple the nation’s ability to fight.
There’s no dispute: When compared with the private sector, a soldier gets a generous retirement. As soon as age 38, a 20-year sailor can retire at 50 percent of his most recent salary. Health care is covered. Meantime, a military “retiree” is free to find a job or a second career.
Similar retirement benefits don’t exist anywhere else in the public or private sector. That’s because there are no other jobs like military service.
Soldiers and sailors have hazardous duty. People shoot at them. Try to blow them up. They handle dangerous equipment and work ridiculously long hours. They are forced to spend months away from their families in spartan conditions. They must follow orders, including ones given by fools.
They must adhere to strict rules, whether at work or at home. They are required to be physically fit. They must volunteer to live like that for 20 years before they can retire.
In exchange, the military pays a barely living wage, covers housing and food and necessities. And, at the end of 20 years, it promises to pay retirement and medical care and a few other benefits.
That makes the military different. Few businesses today provide pensions, which guarantee a retirement income based on a worker’s length of employment and salary. Businesses instead are more likely to offer 401(k)s and similar programs, which send money to an account to which a worker also contributes.
That money is then invested — usually in bonds or stocks — and the resulting nest egg can be used to finance retirement. If the stock market tanks, the money dwindles. If it explodes, it can mean more money. No retirement amount is guaranteed.
The DBB’s proposal would turn the military’s retirement into something similar, at a time when research shows most 401(k) accounts are going to be inadequate to fund their owners’ retirements. It’s a horrible idea.
If a worker chooses a company with a crummy retirement plan, that’s the way the free market works. He is free to choose another company, or to start his own.
A soldier has no such freedom. What’s more, the freedom of an entire nation depends on making sure military service remains attractive to the nation’s finest volunteers.
The Pentagon’s retirement system could certainly stand reform. Eligibility could be changed and probably should be.
But the men and women who guarantee America’s freedom shouldn’t be placed in the hands of a Wall Street incapable of keeping promises.
Posted by Randy | August 08, 2011
This weekend we received the tragic news of the death of 30 Americans who were killed when a U.S. helicopter was shot down in eastern Afghanistan. The attack marked the deadliest day for Americans in the war in Afghanistan. Twenty-two of the troops were reportedly from a specialized Navy SEAL Unit based in Virginia Beach.
We grieve the loss of these valiant Americans and honor the sacrifice they made while on a mission to rescue fellow servicemen and women. Their courage in advancing the cause of freedom was exemplary and it will not be forgotten. Our prayers continue to be with the families of these service members who will feel the absence of their loved ones long after the news stories have ended. We pray they find peace.
Posted by Randy | July 05, 2011
This weekend on the Fourth of July, I had the opportunity to honor the men and women who have time and again defended the great nation that we are able to celebrate on Independence Day as we broke ground on the Chesapeake Veterans Memorial Pathway.
Posted by Randy | June 30, 2011
In one of his last major speeches before retiring as Secretary of Defense, Roberts Gates argued that everything was “on the table” in order to achieve the Administration's mandate to find $400 billion in additional spending cuts to national defense. He said the fiscal pressure we face “could mean taking a look at the rigid, one-size-fits-all approach to retirement, pay and pensions.”
· Providing a 1.6 percent across-the-board pay increase for members of the Armed Forces in 2012.
Join in the discussion on this issue. Do you believe cutting military retiree pay is a right way to address our broader fiscal issues?
Posted by Randy | June 30, 2011
In one of his last major policy speeches before retiring as Secretary of Defense, Robert Gates proposed historic changes to a "rigid, one-size-fits-all approach" to military pay and retirement benefits in order to achieve the Administration's mandate to find $400 billion in additional spending cuts to national defense. According to the Congressional Research Service, “The military retirement system is a non-contributory, defined benefit system that has historically been viewed as a significant incentive in retaining a career military force.” Some proposals for reforming the system include: vesting retirement benefits after 10 years of service; authorizing the services to make variable annual retirement contributions depending on changing retention and skill requirements; and converting to 401(k) style system under which full retirement pay wouldn’t be available until age 57-60. While the Administration is free to make proposals regarding changes to the compensation of our brave men and women in uniform, they must also be prepared to answer tough questions regarding those proposals. Ultimately, I will continue to ensure that active duty, reserve and retired members of our Armed Forces have my full support and continue to receive the compensation and benefits they deserve as they fight the wars of today and deter the threats of the future.
Question of the Week: Do you support reforming the military retirement system as part of the Department of Defense's initiative to find $400 billion more in cuts?
Have you served or are you currently serving our country as a member of the Armed Forces?
( ) Yes, I am an active duty service member.
Find out the results of last week's instaPoll here.
Posted by Randy | June 06, 2011
June 6, 1944 was a pivotal date for freedom across the world. On this day sixty seven years ago, over 156,000 Allied troops landed on a 50-mile stretch of beach in Normandy to liberate France from Nazi control. More than 5,000 ships and 13,000 aircrafts supported the Allied invasion that helped bring World War II to an end. Although the mission seemed impossible, General Dwight D. Eisenhower charged our military to accept nothing less than full victory.
Posted by Randy | May 27, 2011
This Monday, May 30th, our nation celebrates Memorial Day. This is an opportunity for each of us to pause and pay tribute to the American heroes that have fallen while defending our nation for the cause of liberty. Below you will find Memorial Day resources that may help you and your family learn more about the solemn importance of this day.
History of Memorial Day (Department of Veterans Affairs)
Memorial Day, which is observed on the last Monday of May, commemorates the men and women who died while serving in the military. In observance of the holiday, many people visit cemeteries and memorials, and volunteers often place American flags on each grave site at national cemeteries. Click here to learn more about: the origins of Memorial Day, the Memorial Day Order, military funeral honors, National Cemetery Administration, National and State Veterans Cemeteries, Arlington National Cemetery, how to display the flag at half-staff, general flag display guidelines, folding the flag, the significance of the poppy flower, and the history of Taps.
Photo Resources (U.S. Army)
Click here to view photo galleries of Arlington National Cemetery and Battle Monuments around the country.
Video Resources (History Channel)
The History Channel offers a variety of Memorial Day video resources, including the History of Memorial Day, A Memorial Day Tribute, America and the Civil War, and Blacks in the Military. You can view the videos by clicking here. One of my top priorities as your representative in Congress is creating an atmosphere that is open to the exchange of ideas so constituents of the Fourth District can make well-informed decisions.
Posted by Randy | May 18, 2011
This May we celebrate National Military Appreciation Month (NMAM). In commemorating NMAM, we recognize, remember and honor all active-duty military personnel, veterans, and their families for their service and dedication to our nation. This month-long remembrance includes Loyalty Day (May 1), Military Spouse Appreciation Day (May 6), VE Day (May 8), Armed Forces Day (May 21), and Memorial Day (May 30), and during this time, I encourage everyone to reflect upon the lives of the countless men and women who currently serve, have served, and died to protect our nation.
As a member of the House Armed Services Committee and the Chairman of the Subcommittee on Readiness, I am extremely proud of our servicemen and women. It is their selfless commitment and sacrifice that allows us to live in a free and democratic nation.
As we recognize our military and our military families, I want to share with you some ideas of ways you can show your support for the 90 million men and women who put service to our nation before self:
- Fly the flag on your house, car or business during May;
- Send a care package to a soldier through Operation USO Care Package;
- Send an email or letter of thanks through A Million Thanks;
- Adopt a hero at Soldiers’ Angels;
- Wear a Support Our Troops wristband or t-shirt.
Share your stories and ideas. How will you support our troops and veterans this month?
Posted by Randy | April 08, 2011
I’ve received a number of comments from constituents over the past several days with concerns about whether or not the military will receive payments during a government shutdown. I believe there is no excuse for our federal government not to pay service members who are in harm’s way. If the government shuts down, I will not collect a salary while our military men and women wait on paychecks.
Every day these service members place their lives on the line to protect our country, and they should not be on the battlefield wondering if their families at home have the money they need for rent or groceries.
I am working to try to ensure this does not happen. I supported H.R. 1 – the House budget proposal - to fund the government through the rest of the 2011 fiscal year; I voted for the last temporary budget extension so there would be no disruption in military pay; and I supported the Ensuring Pay for our Military Act, H.R. 1297, which would ensure our military members are still paid in full and on time in the event of a government shutdown. I will continue to fight to prevent any disruption in pay to our military, and believe we owe our military at least that and much more.
Posted by Randy | November 10, 2010
Happy Birthday to our United States Marine Corps. Today, we honor Marines past and present as we look back over 235 years of service of dedicated Marines across the world from the beaches of Normandy to the jungles of Vietnam to the deserts of Iraq. To all of our Marines, thank you for your service and sacrifice.
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