Armed Forces News

As of last Sept. 30, 1,920,000 retirees collected military retirement pay, according to the latest Defense Department Office of the Actuary’s Statistical Report on the Military Retirement System. The Defense Department paid $40.2 billion in non-disability retirement pay in 2010. As of Sept. 30, 1.47 million non-disabled retirement collected the pay during fiscal year 2010, which began Oct. 1, 2009. During the same time frame, DoD reported that 93,000 disabled retirees received $1.38 billion in retired pay. Another 357,000 reserve retirees were on the rolls as of that date. Reserve retirees collected $4.89 billion in retired pay during that year. Another 294,000 survivors of retired military members were on the rolls as of the end of fiscal year 2010. Survivors received $3.65 billion in annuities from the defense department during that time frame.