Breaking the faith : today's servicemembers are tomorrow's retirees : and they are watching!
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Breaking the faith : today's servicemembers are tomorrow's retirees : and they are watching!
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This Torchbearer Alert summarizes the Defense Department's Fiscal Year 2013 budget proposals to increase health care fees and reconsider the structure of the military retirement system. For many military retirees under age 65, annual fees for TRICARE Prime would triple or quadruple by 2017; TRICARE Standard and Extra would also implement new enrollment fees and increase the size of families' deductibles. For military retirees over age 65, the administration proposes hefty new annual enrollment fees for TRICARE-for-Life. Copays for pharmaceuticals would also increase substantially. Further, the administration proposes the creation of a commission to recommend cost-effective changes to the military retirement system. This commission would have authority similar to the BRAC process, effectively limiting elected officials' involvement. The paper emphasizes that these ideas would do very little to alleviate the nation's fiscal crisis; however, they would severely impact the well-being of those who have already risked and sacrificed more than their fair share, and they could have serious consequences for force readiness.
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