Article

2004-11-01 Britain

Retired Gurkha's pension 1/5 of British counterparts

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Posted by Dar 2004-11-01 1:12:54 PM|| || Front Page|| [5 views since 2007-05-07] Top

#1 I'd wager the original pension was based on the idea that Gurkhas would retire back in Nepal.

Posted by Steve 2004-11-01 2:23:17 PM|| 2004-11-01 2:23:17 PM|| Front Page Top

#2 After a short period of cutting US pension ratings in the late 80s early 90s, care of Dem's who controlled Congress, the credit is back again to 2.5 percent per year served upon reaching 20 years, or 50 percent of one's base pay. The 2.5 per year is added for each additional year served up to 30 years or 75%. At 18 years of service the member is given protection from separation except in cases involving cause - court martial or less than acceptable behavior defined in the separation regulations. Portion of the retirement can be covered for service sustained disabilities, but they subtract any VA compensation for the disability from the retirement pay, so basically the tax on that portion of the pay is exempted. Along with the pension comes access to medical care [but not dental], the post exchange and commissary systems, and low-priority space available travel on military transports.

Posted by Don 2004-11-01 3:21:20 PM|| 2004-11-01 3:21:20 PM|| Front Page Top

#3 Jeeze Louise! They gave more to Hookboy and his brood and threw in a flat, before Hookboy got too rabid.

Posted by Alaska Paul 2004-11-01 11:55:59 PM|| 2004-11-01 11:55:59 PM|| Front Page Top

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