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Coast guard retiree pay during shutdown Form: What You Should Know
In addition, the total annual cost to government of Coast Guard retirees' retirement, which is a function of their years of service, could run between about 3 billion and 5 billion, according to OPM's calculation. The average age of retiring Coast Guard members at the end of 2023 will be 58. By comparison, the average age for active duty service members is 46.8. “A majority of retired veterans today feel that they do not make much money,” says John Brandon, director of policy research at the Center for Strategic and Budgetary Assessments in Washington, D.C. “And they're disappointed. There are a number of factors that are contributing to this. Some of them are inherent in the nature of military service, some of them result from a lack of preparation by their service, and a lot of them have to do with life after military service. “A significant number of people who leave military service are not ready to retire,” notes Brandon. But, he adds, the fact remains that about one-third of veterans have the same goal to transition out of the services. The U.S. National Institute of Education reports that the number of retired personnel in the United States is up 14% since 2023 when President George W. Bush issued President's Call for Service as a way to encourage young people to enter military service, particularly military retirees, and later the workforce. By 2012, there were 8.2 million people, or 30% of the employed American workforce, over the age of 55. The percentage of men age 50 and over whom have a bachelor's degree, is also much higher than the average. The National Center for Education Statistics reports that only 38% of men over the age of 25 have earned a bachelor's degree. In contrast, 61% of men 50 and over have earned a bachelor's degree. According to the Department of Homeland Security, as of 2016, a record 46 percent of adults with a bachelor's degree or higher had a master's degree or higher. By contrast, just 12 percent of men who finished high school between 2023 and 2023 had a bachelor's degree, the Census Bureau found. “Many people are still looking for employment, including many military service members. So they're very good at preparing to be successful in a civilian environment,” explains Brian F.
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It's day 10 of a partial shutdown of the federal government and there's no end in sight tonight we have a glimmer of good news to share though members of the Coast Guard got paid today with the good comes the bad after today there's no promise of any more pay for them while the government is brought to a near standstill 13 News Now reporter Mike Gooding has reaction so you might see coasties they are gonna go without food during this during the shutdown if it gets down to it and that's just absolutely atrocious in a message to all Coast Guard members vice commandant Admiral Charles Ray said that service and department of homeland security officials have identified a way to pay our military workforce on December 31st which is temporary good news for the 40,000 plus affected Coast Guard members but it's a one-time thing it doesn't guarantee a paycheck down the road there's no guarantee that that will receive a paycheck on the 15th and so 40,000 members of the Coast Guard could be working for the next two weeks only to find out that come the 15th of the month they won't be able to make their rent payments they won't be able to pay their bills and there'll be no income in their in their in their in their bank account appropriations for the Department of Homeland Security lapsed on December 21st when Congress and the White House failed to reach a deal on full year funding for a host of federal agencies in a dispute over president Trump's insistence on five billion dollars for funding for a wall along the us-mexico border Michael little is executive director of the nonprofit sea Service Family Foundation an advocacy group for the Coast Guard Navy...