E13 – The Defense Budget: too much or too little?
The Merge
The Cost of Cuts in the Air Force
In sequestration 10 years ago the air force was like we need to cut money Uh, so they cut 20 000 people in one year Which is a lot of people. They brought their end strength down to 313000 I think it might have hit a little bit below that. The blended retirement system the entire reason that retirement system came out was to save money Has nothing to do with benefits. It has to do with saving money and the bogey of the program was to cut personnel costs 1% Because you that that money for that retirement goes into a separate like set aside account for your pensions So when they change the retirement system the set aside for the pension change and the payouts for the pension
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