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Military Considers Alternative To Current Pension System

Pentagon May Switch From Pension System To 401(k)-Style Plan

Michael Chen, 10NEWS.com

Tuesday, August 16, 2011

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At the same time, local economist Kelly Cunningham said it may solve the difficult task of ensuring retirement benefits.
"The U.S. government can't continue to obligate itself to pensions it can't pay," said Cunningham, a senior fellow at the National University System Institute for Policy Research.