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Size of lump-sum retirement payouts still undecided

Size of lump-sum retirement payouts still undecided

Career troops will have an extraordinary new choice to make under the new retirement system approved by Congress: Take the traditional pension checks or opt to receive up to half the promised pension benefit in the form of a one-time, lump-sum cash payment.

That lump-sum option is one of the most controversial features of the new system…

Source: Size of lump-sum retirement payouts still undecided