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Home News Military Is Overhauling Its Retirement Systems

Military Is Overhauling Its Retirement Systems

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Now, service members must be in the military for 20 years to get a pension. The new system adds a variation on a 401(k) plan.





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Did you know?

Military Funeral Honors ceremonies must be scheduled in advance.

The law requires that every eligible veteran receive a military funeral honors ceremony, which includes the folding and presentation of the United States flag and the playing of “taps,” upon the family’s request. This Department of Defense program calls for the funeral director to request military funeral honors on behalf of the veteran’s family.