The changing terrain: Sequestration

| July 29, 2016

Nearly three-quarters (72 percent) of military families surveyed in the June First Command Financial Behaviors Index® are anxious about cuts to defense spending, while more than three-quarters (78 percent) anticipate being financially affected by the cuts.

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Leaders must protect those who protect us

| July 25, 2016

While my family and I celebrated Independence Day earlier this month, it was honestly difficult for me to enjoy the holiday, watch fireworks and do the normal things we all do. As a veteran, it’s very clear to me that the independence and freedoms American citizens enjoy are ensured by our soldiers, sailors, airmen, Coast Guardsmen and Marines who protect them.

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The changing terrain: Sequestration concerns affect service members’ health

| July 22, 2016

Ongoing concerns over sequestration and defense downsizing appear to be affecting the health of career service members and their families. The First Command Financial Behaviors Index® reveals that health issues commonly associated with financial worries are widespread among military families who report high levels of concern over sequestration and the financial impact of anticipated cuts to defense spending.

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Military retirement: Current vs. blended

| July 18, 2016

The new military retirement system will take effect Jan. 1, 2018. Anyone with less than 12 years of service (YOS) as of Dec. 31, 2017 has the choice whether to stay in the current system or elect to convert to the blended system. 

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The changing terrain: financial readiness in the new retirement era

| July 15, 2016

America’s career service members who will have the choice to opt in to the new blended retirement system in 2018 have questions about the changes. The latest results of the First Command Financial Behaviors Index® reveal that four out of five are expecting to seek professional help making the critical decision between opting in to the new system or sticking with the traditional pension.

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The changing terrain: Military families react to annual pay raise

| July 8, 2016

When it comes to benefits, military families (commissioned officers and senior NCOs in pay grades E-5 and above with household incomes of at least $50,000) unsurprisingly rank basic pay as the most important.

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The changing terrain: Bipartisan Policy Center (BPC) releases “Losing Our Edge” report

| July 1, 2016

The non-profit organization Bipartisan Policy Center (BPC) released the report Losing Our Edge: Pentagon Personnel Reform and the Dangers of Inaction on Wednesday. The report makes it clear that the Department of Defense (DoD) is in dire need of consistent funding and a new personnel management system that is more appealing to potential recruits.

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