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SUBSIM: The Web's #1 resource for all submarine & naval simulations since 1997
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SUBSIM: The Web's #1 resource for all submarine & naval simulations since 1997 |
11-05-11, 02:04 PM
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#5 | |
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Fleet Admiral
 Join Date: Oct 2006
Posts: 19,401
Downloads: 63
Uploads: 0
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Quote:
Yeah, I will be crying myself to sleep worrying about an O-8 with 31 years in. Retirement pay of about $9500 per month with a 77.5% cap will give him a monthly retirement income of about $7,400 (before federal taxes). That's almost $90K per year just for breathing. Add on to that the inevitable "consulting" job he will get and he won't be hurting much.
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abusus non tollit usum - A right should NOT be withheld from people on the basis that some tend to abuse that right. |
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