3 ms·
My guess is that it's about a 30% difference in retirement pay. I used: https://militarypay.defense.gov/Calculators/Active-Duty-Retirement/Final-Pay-Calculator/
by scott_s 8y ago
My guess is that it's about a 30% difference in retirement pay. I used: https://militarypay.defense.gov/Calculators/Active-Duty-Retirement/Final-Pay-Calculator/ https://militarypay.defense.gov/Calculators/Active-Duty-Reti.... For those curious, the active duty difference is about the same: https://www.navy.com/sites/default/files/2019-02/MilPayTable2019-1-FullTime.pdf https://www.navy.com/sites/default/files/2019-02/MilPayTable...
- 4ntonius8lock 8y agoNotice his 'loss' isn't even a demotion. It's just the negation of a promotion. I'll re-post the text as the egrecious stuff was mixed in with other non egregious stuff by pnutjam, who stated this case is 'standard for white collar crime' in private enterprise: >> Abuse of Position and BriberyA military service Captain used his official position as a reservist to obtain contracts for private sector companies with which he had an affiliation. In addition, the Captain accepted a “finder’s fee” (i.e., kickbacks) from one company for his efforts in helping the company obtain government contract work. For his significant ethical failure, the Captain was “allowed” to retire at the grade of Commander, though he had been selected to be an Admiral. No fees. No restitution. No jail. No charges even. He had to endure the 'horrors' of retirement with full benefits. Though he was 'severely punish' with not getting his promotion.
- velosol 8y agoHe was a Captain (O-6), he had been selected for Admiral (O-7), and was forced to retire as a Commander (O-5); it was a demotion.
- 4ntonius8lock 8y agoI stand corrected. I'm not familiar with military ranks.