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I do not think a better traditional pension plan exists. This is a very good/safe option if you plan to serve in the military for 20 years.
after 20 years you will get at least 40% of your base pay for the rest of your life
The TSP is a good pension plan, at least now while the stock market is doing well.
Contribution matching by the army
A lot of pension being given, enough to live with your family after retirement.
Limited on how the government decides
5% matching in a TSP is a great deal.
Do twenty years get paid half of base rate for life.
Not going to make you rich but is a great start to living well
3,000 to 9,000 a month