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  2. Military retirement (United States) - Wikipedia

    en.wikipedia.org/wiki/Military_retirement...

    Mounting costs led Congress to pursue reforms to the military retirement system during the 1980s. Under the National Defense Authorization Act of 1981, the military moved from calculating retirement benefits based on the "final pay," or base pay on the final day of active service, to the "High-3" system. [9]

  3. States That Don’t Tax Military Retirement in 2024 - AOL

    www.aol.com/states-don-t-tax-military-211818336.html

    Yes, in most cases, military retirement payments are considered taxable income by federal and state governments. However, disability retirement pay may be exempt if the individual meets certain ...

  4. Veteran's pension - Wikipedia

    en.wikipedia.org/wiki/Veteran's_pension

    A veteran's pension or "wartime pension" is a pension for veterans of the United States Armed Forces, who served in the military but did not qualify for military retirement pay from the Armed Forces. It was established by the United States Congress and given to veterans who meet the eligibility requirements. Along with payments, they are also ...

  5. Public employee pension plans in the United States - Wikipedia

    en.wikipedia.org/wiki/Public_employee_pension...

    Federal Employees Retirement System - covers approximately 2.44 million full-time civilian employees (as of Dec 2005). [2]Retired pay for U.S. Armed Forces retirees is, strictly speaking, not a pension but instead is a form of retainer pay. U.S. military retirees do not vest into a retirement system while they are on active duty; eligibility for non-disability retired pay is solely based upon ...

  6. States That Eliminated Income Tax on Military Retirement - AOL

    www.aol.com/states-eliminated-income-tax...

    Military veterans in Arizona, Utah, Indiana, Nebraska and North Carolina no longer have to pay income tax on their military retirement benefits, joining a number of other states in not taxing ...

  7. The Best (and Worst) States for Military Retirees - AOL

    www.aol.com/news/best-worst-states-military...

    As long as their military pay is taxable on a federal income tax return, retired service members of the U.S. armed forces who are residents of Connecticut are exempt from paying state income taxes ...

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