The proposed changes to military retirement were a hot button issue around the office. This article by Robert L. Goldich summarizes most of my feelings on it and this quote says it best.
"Right now they [NCO's] stick around for 20 years because they know that the pot of gold at the end of the 20-year rainbow will be substantial and enable them to start a second career -- which they have to have, given that kids will be going to college and few men or women can actually live on military retired pay alone. Twenty-year retirement makes up with power what it lacks in subtlety. If we take it away as it stands, our NCO corps will hemorrhage. They will see correctly that the American people think their careers are no different than civilians who have an infinitely easier life. And one of the key factors in making our armed forces as outstanding as they are will be greatly damaged."
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