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70gto
06-18-2013, 04:53 PM
According to the Air Force Times, a recent survey conducted by the Center for Strategic and Budgetary Assessments discovered that 4 out of 5 service members would be willing to wait until age 50 to begin drawing retirement pay in return for receiving a 1 percent increase in basic pay today.
I call bullsh#t...

UH1FE
06-18-2013, 05:40 PM
May be a 20% increase!

FLAPS, USAF (ret)
06-18-2013, 06:04 PM
According to the Air Force Times, a recent survey conducted by the Center for Strategic and Budgetary Assessments discovered that 4 out of 5 service members would be willing to wait until age 50 to begin drawing retirement pay in return for receiving a 1 percent increase in basic pay today.
I call bullsh#t...

They probably asked First Termers who aren't even remotely thinking about retirement.

garhkal
06-18-2013, 06:42 PM
I'd like to know what the # of those quizzed were? 2000? 100000?

Pullinteeth
06-18-2013, 06:49 PM
They probably asked First Termers who aren't even remotely thinking about retirement.

Better yet, asked Guardsmen and Reservists that can't collect until 58 anyway...

CrustySMSgt
06-19-2013, 07:22 AM
No doubt the survery wasn't directed at an aware demographic. Anyone who's been around long enough to know anything is, nothing in the future is guarunteed, so I wouldn't trade in any part of my retirement for a promise in the future.

a monthly 1% raise will hardly buy dinner for most people serving.

sandsjames
06-19-2013, 12:30 PM
This was probably done with people who joined when they were close to 30, or those who don't plan on retiring anyway. There is zero chance that I'd give up $240k ($20k/12 years) for that one percent if I had the choice.

70gto
06-19-2013, 12:40 PM
I have sent an email to the Center for Strategic and Budgetary Assessments requesting clarification on their "survey". I'll be sure to post their response!

Pullinteeth
06-19-2013, 06:17 PM
I have sent an email to the Center for Strategic and Budgetary Assessments requesting clarification on their "survey". I'll be sure to post their response!

Wouldn't hold your breath on that one..... These surveys are created for one reason and one reason only. To support a predetermined proposal to Congress. :spank:

garhkal
06-19-2013, 09:55 PM
Wouldn't hold your breath on that one..... These surveys are created for one reason and one reason only. To support a predetermined proposal to Congress. :spank:

Just like a lot of "Govt surveys"..

Nuckin Futs
06-24-2013, 03:10 AM
While this does seem incredibly stupid to careerists, why wouldn't somebody who had no plans on retiring make that trade?

Or, and I think this is a better question... How about allowing service members to exercise an option that would give them a match on TSP contributions but make them ineligible for standard retirement? I know quite a few people who would take that trade.

raider8169
06-24-2013, 03:46 AM
Ive seen that poll a few years ago or one just like it. It only looks great to those that are thinking about seperating. Those that want to retire would never agree to it.

Navy Mustang
07-16-2013, 09:29 PM
1 percent? Oh that's laughable! What's that, not even a third of the consumer price index?