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Pentagon OKs Proposed Military Retirement System Overhaul; Gen. Mark Welsh Comments

Gen. Mark Welsh

The Pentagon has approved the proposals for changes to the military retirement system after reviewing the Joint Chiefs of Staff’s final recommendations, Military Times reported Sunday. Andrew Tilghman writes the proposals seek to cut the fixed-benefit pension by nearly 20 percent and create a retirement savings account for each service member …

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US Navy Adm. James Winnefeld: New Defense Innovation Unit to Help Bolster Pentagon, Silicon Valley Ties

James Winnefeld

U.S. Navy Adm. James Winnefeld Jr., vice chairman of the Joint Chiefs of Staff, has said the Defense Department‘s plan to stand up an innovation unit is intended to bolster partnership between the agency and Silicon Valley firms, DoD News reported Thursday. Winnefeld told a cybersecurity summit in West Point, New York, …

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