Search results
Results from the WOW.Com Content Network
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]
Sen. Barry Goldwater (R—AZ) and Rep. William Flynt Nichols (D—AL-4), the co-sponsors of the Goldwater–Nichols Act of 1986. The Goldwater–Nichols Department of Defense Reorganization Act of October 4, 1986 (Pub. L. 99–433; signed by President Ronald Reagan) made the most sweeping changes to the United States Department of Defense since the department was established in the National ...
Changes to retirement plan contributions. The Internal Revenue Service announced record-high maximum annual contributions to 401(k) and similar retirement accounts for 2023. Workers who have a 401 ...
In the aftermath of World War II, Congress drafted legislation that attempted to address three (sometimes competing) objectives: create "uniform" rules for officer management between Army and Navy (and later Air Force), promote a "young and vigorous" officer corps, and retain the capacity to rapidly remobilize if necessary. [4]
List of United States Navy vice admirals on active duty before 1960; List of United States Navy vice admirals since 2020; List of major generals in the United States Regular Army before 1 July 1920; List of United States Space Force four-star generals; List of United States Space Force lieutenant generals; Commandants of the U.S. Air Force Test ...
On July 1, 1960, control of the Military Personnel Records Center was transferred to the General Services Administration. The three active-duty military records centers at MPRC—the Air Force Records Center, the Naval Records Management Center, and the Army Records Center—were consolidated into a single civil service-operated records center.
In January 2025, OPM received over new 16,000 retirement claims and processed 6,700. January usually sees an influx of retirement applications; the month before, OPM received 5,020 and processed ...
8th Best: Maine. With the fourth-highest number of veterans, Maine also offers some of the best health care benefits to military retirees. Plus, the state provides Veteran Emergency Financial ...