May 7, 2015, 10:00am ET - 11:30am ET
The military compensation system urgently needs reforms. Military personnel costs are more than one-third of the Pentagon’s total spending. Military retirement costs more than $100 billion each year, but more than four out of five enlisted service members will receive no retirement benefits at all. The military health care system needs modernization, while the current military compensation and career structure is too inflexible to meet the needs of the future force.
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