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White House backs changes to military pay, benefits
USA Today: FORT DRUM, N.Y. — The White House and Pentagon on Monday backed proposals that would overhaul pay and benefits for troops and military retirees — including a 401(k)-style retirement plan for all troops.
The 15 recommendations released earlier this year by the Military Compensation and Retirement Modernization Commission would save an estimated $12 billion annually. The White House plans to report to Congress by April 30 on the changes that can be implemented quickly.
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