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Apparently, under the OLD system of calcuating military retirement, a member of the military leaving service at 20 years would get 50% of the average of the highest three years' salary, with a bonus of 2.5% for each year over 20 (which is 75% if retiring at 30 years). Apparently the new system isn't quite so simple, but my guess is that it hasn't gotten worse, especially for officers wearing stars. An active duty Lieutenant General (pay grade O-9) makes almost $13,000 per MONTH (or $153,000+ per year) plus hefty allowances not all of which carry over to retirement. If the retired Lt General in the Pat Tillman case loses a star, his pension won't suffer much, as an active duty O-8 makes only slightly less per month (about $11,600).
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How do you use pension in a sentence?
After he retired, he got his pension.
How much the pension of retired general of the Philippines?
aside from having a millions of retiring benefits. approximately 60k per month on their pensions
How do you put pension in a sentence?
He got his pension check in the mail. The government usually gives retired employees a pension.
What is a regular payment after a person retired?
pension
A regular payment to someone who has retired?
pension
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How much pension is fixed to the employees wh0o retired prior to 01-01-2006?
what will the revised pension those retired from defence service prior to 1.1.2006
