by Answerbag Staff on August 11th, 2010

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When was the first military retirement paycheck?

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  • by Contributing Writer on August 11th, 2010

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    Professionally Researched. (What's this?)

    On May 15, 1778, a resolution was enacted that provided retirement benefits to officers of the colonial army only if they stayed through the duration of the Revolutionary War. On March 18, 1818, the first pension was granted with no requirement of disability or death.

    References:

    US History Website: The American Revolution

    Economic History Association Website: Public Sector Pensions in the United States

    The National Archives Website: Records of the Veterans Administration

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