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| George Tracy and Curtis Gilroy .Photo Provided By Alan Forrester |
MILITARY OFFICERS ASSOCIATION
Military retirement reforms coming
During a recent meeting of the Sarasota Chapter of Military Officers Association of America (MOAA), Curtis L. Gilroy talked about the ongoing debate about service personnel costs and how to best manage them. In his presentation, Gilroy said that the 2016 National Defense Authorization Act includes major reforms to the retirement system that will go into effect in 2018.
Gilroy served six Secretaries of Defense and was the official Department of Defense spokesperson for the U.S. All-Volunteer Force.
He told the MOAA members that other proposed changes in the Military Compensation and Retirement Modernization Commission did not get a warm reception in Congress.
Gilroy said that he believes that there will be changes to what most military officers have known as the gold standard for retirement plans. What effects, if any, to the retired community are unknown at this point, but it bears close monitoring.
Gilroy added that the same experts who have been working on personnel reform are now focused for 2016 on military health care reform.
He said that MOAA members should expect to be affected by that effort. Gilroy then urged members to keep the MOAA Take Action icon on their desktop and communicate their concerns to congress.
MOAA is the nation’s largest association of military officers with 400,000 members. It is an independent, nonprofit and nonp artisan organization. For more information visit www.sarasot! amoaa.com.
— Submitted by Alan Forrester
