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Sign up freeThe Daily Alaska Empire
Juneau, Juneau County, Alaska
What is this article about?
On June 29, President Truman signed a bill granting retirement credits to U.S. military Reserves for reserve service time, enabling pensions at age 60 after 20 years; prior eligibility required active duty or disability.
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TO RESERVES
WASHINGTON, June 29.—President Truman today signed
a bill providing retirement benefits
for Reserve officers and men of
the Army, Air Force and Navy.
In a statement, the President
said "the way is now open to
the development of an ever-ready
Reserve as an integral part of the
United States armed forces."
For the first time, Reserves are
given retirement credit for time
spent in the Reserve. Heretofore,
they have been entitled to pensions
only if they had enough time on
active duty or were disabled in active service.
Upon reaching the age of 60, Reserves
can retire if they have
been in the Reserve 20 years or
longer. Those now in the Reserve
must have been in active service
during World War I or World
War II.
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What entities or persons were involved?
Where did it happen?
Domestic News Details
Primary Location
Washington
Event Date
June 29
Key Persons
Outcome
the bill provides retirement benefits for reserve officers and men, allowing retirement at age 60 with 20 years in the reserve; current members must have active service in world war i or world war ii.
Event Details
President Truman signed a bill providing retirement benefits for Reserve officers and men of the Army, Air Force, and Navy. For the first time, Reserves receive credit for time spent in the Reserve. Previously, pensions were only for sufficient active duty time or active service disability. The President stated this opens the way for an ever-ready Reserve as part of the United States armed forces.