From: CGD11RCMC@aol.com
Sent: Friday, May 24, 2002 8:28 AM
Subject: Fwd: Reserve Retirement
 

Ladies & Gentlemen,
Here's more information about Congressional efforts to lower the Reserve Retirement age to 55 for pay...  I urge you to consider supporting this issue.

Let me suggest that for just three $.34 stamps and a few moments of your time could bring you many thousands of dollars in return...

Here's the premise...  Say you are on track to collect $500.00 per month in reserve retirement pay at age sixty.  (Naturally, that amount varies depending on your final point statement, length of service, and pay grade when you retire.)  Now, take the number of months between your 60th birthday and your 55th birthday (60 months) and multiply those months by the $500.00 you will be collecting at age sixty....  My calculations show $30,000 in ADDITIONAL Reserve Pay you could collect if you begin drawing retired pay at age 55!  You could begin to collect this money if Congress and the President change the law to allow it.

Now, is it worth your time to send Senators Dianne Feinstein & Barbara Boxer and your Congressional Representative a letter in support of these bills?  My letters were sent long ago.  I think the reward could be WONDERFUL and I hope you do too. 

Get the stamps......  Do it now....

V/r

MCPO-JRS

 
       
Action Alert
Take Action Reserve Retirement

 

There are currently two bills in the 107th Congress that address the Reserve Component retirement system, H.R. 3831 and H.R. 4676. H.R. 3831, introduced by Representative Jim Saxton (NJ), decreases the age to receive retirement from 60 to 55. H.R. 4676, introduced by Representative Joe Wilson, will completely eliminate the age requirement. Both bills have been receiving a lot of attention as of late, but neither are moving quickly enough to reach maturity before the end of the 107th Congress, which ends when Congress adjourns in the Fall. However, if enough interest is generated on these bills before the end of this Congress, then half the battle is won for the next Congress, which starts in late January 2003.

NCOA recommends that you write your Representative to express your interest in either of these bills. Because the postal system is still not delivering mail in a timely manner to Capitol Hill, it is recommended that you use e-mail and encourage others to do so as well. Forward this to everyone you know that is interested in this issue, and you will be amazed at how quickly the word will spread!

A letter has been STARTED for you. Because reactions to this issue vary, the letter has not been completed, so that you can share your personal view on the issue. To access this letter, simply type in your zip code under "Take Action Now" and go to the letter titled "H.R. 3831, Reserve Retirement" or "H.R. 4676, Reserve Retirement".

Because of the complexity of this issue and the possibility of unforeseen consequences to the passing of these bills, NCOA is recommending hearings be held to "flush out" any of these consequences. Hearings will also most likely lead to more recommendations for improvement to the Reserve retirement system.

Thank you for your participation.

TAKE ACTION NOW!!

To apply for NCOA membership, please go to http://www.ncoausa.org/membership_app.html  or click on "Join Now" in the top right corner of our banner. You can also call 1-800-662-2620.

To sign up for the NCOA Action Network, please go to http://www.capwiz.com/ncoausa/issues/?style=D