CNO Says: ‘No Plan’ to Change Retirement

Updated : Oct 22, 2019 in Articles

CNO Says: ‘No Plan’ to Change Retirement


CNO ASSURED SAILORS THAT THERE ARE NO CURRENT
PLANS TO CHANGE THE RETIREMENT SYSTEM AT AN ALL HANDS CALL AT NAVAL STATION MAYPORT TUESDAY. CNO SAID RUMORS OF THE RETIREMENT CHANGES
STEMMED FROM THE DOD’S COMMISSION REVIEW OF THE MILITARY COMPENSATION AND RETIREMENT SYSTEM. HE ALSO SAID IF THERE ARE CHANGES, SAILORS
WILL HAVE THE OPTION TO TRANSITION TO A NEW SYSTEM, BUT MAY MAINTAIN THE OPTION TO KEEP THEIR
CURRENT RETIREMENT PLAN. ALSO AT THE ALL HANDS CALL, CNO ANNOUNCED
A TUITION ASSISTANCE UPDATE. THE PROGRAM WILL CONTINUE TO PAY 100 PERCENT
OF SAILORS’ TUITION AND ENROLLMENT FEES IN FISCAL YEAR 15. CNO SAID EVENTUALLY THE NAVY MAY ASK SAILORS
TO CONTRIBUTE TO THEIR TUITION COSTS. READ MORE ABOUT THESE STORIES AT NAVY.MIL. FROM ALL HANDS UPDATE, THANKS FOR WATCHING.

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