Senate amendments to NDAA would shake up DoD acquisition
The Senate packed a lot into its version of the 2016 Defense authorization bill before final passage Thursday afternoon. In a notable break from recent history, the full package passed well before the start of the new fiscal year. (Last year, readers will recall, the Senate didn’t get around to passing its own NDAA at all. It finally voted in December on a compromise package hammered out by the four leaders of the two Armed Services committees.)
Among the major provisions in this year’s bill is an overhaul of military retirement that’s mostly aligned with the version the House approved last month and with the recommendations of the Military Retirement and Compensation Modernization Commission. They would trim defined pensions in return for government contributions to members’ TSP accounts.