Listen up, Marines! This week’s cover story is a must-read for all — from the lowliest privates to tomorrow’s general officers. Marine Corps Times Pentagon correspondent Andrew Tilghman lays out in stark detail an aggressive new plan to revamp the military retirement system, one that would dump today’s 20-year model in favor of something akin to a corporate 401(k). The proposal, pitched by an influential Pentagon advisory board, calls for everyone to receive at least some retirement cash when they leave the service. Even Marines who complete just one enlistment and get out as lance corporals would clear about $20,000.…
Browsing: BAH
Pssssssssst. Have you heard rumors the Corps is planning to cancel housing allowance for sergeants and below, and order all those Marines to move back into the barracks? Last week, a Marine Corps Times reader leaked us a copy of the unsigned MARADMIN detailing how the plan would work. We went to HQMC, which released this statement: The MARADMIN was a working draft. It was drafted as part of a pre-decisional informational package for the Marine Corps to understand and evaluate the possibility of modifying current policy regarding BAH (“own right”) for sergeants and below. After careful consideration, the Marine…