Read Books Online and Download eBooks, EPub, PDF, Mobi, Kindle, Text Full Free.
A Policy Analysis Of Alternative Military Retirement Systems
Download A Policy Analysis Of Alternative Military Retirement Systems full books in PDF, epub, and Kindle. Read online A Policy Analysis Of Alternative Military Retirement Systems ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!
Book Synopsis A Policy Analysis of Alternative Military Retirement Systems by : Beth J. Asch
Download or read book A Policy Analysis of Alternative Military Retirement Systems written by Beth J. Asch and published by Rand Corporation. This book was released on 1994 with total page 82 pages. Available in PDF, EPUB and Kindle. Book excerpt: Summarizes the authors' previously developed theoretical model of compensation in a large, hierarchical organization like the military that permits an analysis of the issues surrounding the design of military compensation. Presents an empirical version of that model and uses it to evaluate the current and alternative military retirement systems in terms of their implications for force structure, cost, and productivity (i.e., personnel effort and ability sorting); the implications for the current military compensation system, and the implications of several proposals (including several of the authors' own design) that change the structure of the military retirement system. The authors estimate that under certain circumstances the proposed systems would permit the Department of Defense to maintain forces at least as capable as today's at no higher cost.
Book Synopsis A Policy Analysis of Reserve Retirement Reform by : Beth J. Asch
Download or read book A Policy Analysis of Reserve Retirement Reform written by Beth J. Asch and published by Rand Corporation. This book was released on 2013 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: As the defense burden borne by reserve forces has increased, more attention has been paid to differences between retirement systems for the reserve and active components. This report analyzes the systems, discusses the importance of structuring compensation to enable management flexibility, considers obstacles and how they might be overcome, and provides a quantitative assessment of the reserve retention and cost effects of possible proposals.
Book Synopsis The Military Retirement System by : United States. Congressional Budget Office
Download or read book The Military Retirement System written by United States. Congressional Budget Office and published by . This book was released on 1978 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'The New Politics of Race' brings together Winant's new and previously published essays to form a comprehensive picture of the origins and nature of the complex racial politics that engulf us today.
Book Synopsis A Cost Analysis of the Military Retirement System by : Kyle R. Martin
Download or read book A Cost Analysis of the Military Retirement System written by Kyle R. Martin and published by . This book was released on 2004-03-01 with total page 191 pages. Available in PDF, EPUB and Kindle. Book excerpt: This research explores possible changes to the current military retirement system. The research contains a detailed explanation of the current military retirement system and its objectives; a summary of the history and past legislation affecting private sector pension plans and the military retirement system; and a discussion of major analytic studies of the military retirement system since 1969 and their impact on the current system. The costs and benefits of three alternatives to the current system are analyzed using a deterministic and stochastic analysis. These alternatives are based on benefit structure changes not explicitly reducing costs. System restructuring would change the emphasis from cutting benefits to keeping costs constant (or lower) with an equal (or greater) benefit level. This restructuring approach is based on three defined contribution options that have varied contribution percentages. The contribution percentages are designed to provide different levels of incentive for continued military service. The analysis demonstrates that each alternative is an attractive consideration for the DoD because the alternatives are aligned with the objectives of the military retirement system, cost the government less to administer, and provide greater benefit annuities to the service member.
Book Synopsis Perceived Effectiveness of Current Military Retirement Alternatives by : William Cotesworth Keller
Download or read book Perceived Effectiveness of Current Military Retirement Alternatives written by William Cotesworth Keller and published by . This book was released on 1979 with total page 146 pages. Available in PDF, EPUB and Kindle. Book excerpt: This thesis develops and evaluates a methodology designed to quantify perceptions of alternative military retirement plans and components of retirement systems. The technique consists of factoring retirement proposals into common characteristics, surveying a sample of the military population, asking them to rank and weight characteristic importance and score how each plan fulfills each characteristic, and computing a relative weighted preference for each plan. Based on successful demonstration of this methodology using a sample of military officer students at the Naval Postgraduate School, it is recommended that this method be expanded to a sample of the entire military population. In view of the recent criticism alleging inefficiency and expensiveness of the existing system, the results of such an effort could be useful to the effectiveness portion of a systematic analysis aimed at choosing among alternative retirement systems. (Author).
Book Synopsis Assessing Compensation Reform by : Beth J. Asch
Download or read book Assessing Compensation Reform written by Beth J. Asch and published by RAND Corporation. This book was released on 2008 with total page 142 pages. Available in PDF, EPUB and Kindle. Book excerpt: Military compensation is a pillar of the all-volunteer force. It is a fundamental policy tool for attracting and retaining personnel, and its structure-and the incentives implied by its structure-can affect U.S. service members' willingness to join, exert effort, demonstrate their leadership potential, remain in the military, and, eventually, exit the military at an appropriate time. Military compensation is a composite of current pay and allowances, special and incentive pays, health benefits, disability benefits, retirement benefits, and other benefits. Its importance to the readiness and morale of the force is such that it is reviewed every four years to determine whether it is adequate to meet the U.S. military's objectives. To inform the 10th Quadrennial Review of Military Compensation, this monograph presents an in-depth examination of the mix and structure of the U.S. military's current retirement-benefit system and several policy alternatives. The study included the development of a model that was estimated and used to run a series of simulations based on active-duty and reserve personnel data to track the careers and potential decisionmaking of military personnel across the services. The simulation results were then assessed in terms of their cost-effectiveness and ability to meet the services' expectations for accession, retention, and career mobility.
Book Synopsis Personnel Management in the Military by : R. Yılmaz Argüden
Download or read book Personnel Management in the Military written by R. Yılmaz Argüden and published by . This book was released on 1986 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many studies of the military retirement system are based on models whose structures are likely to be changed by the policy interventions that they analyze. Such models could lead to seriously biased predictions of the retention effects of alternative retirement systems. This Rand report examines the adequacy of the existing retention models for retirement policy analysis, quantifies their limitations, suggests improvements, and develops a simulation methodology to test the suggested and future improvements. It also examines the importance of paying analytical attention to the inputs of the retention models. Keywords: Personnel Retention, Personnel Management, Military Personnel, Retirement(Personnel), and Models.
Book Synopsis A Policy Analysis of Reserve Retirement Reform by : Beth J. Asch
Download or read book A Policy Analysis of Reserve Retirement Reform written by Beth J. Asch and published by Rand Corporation. This book was released on 2013 with total page 135 pages. Available in PDF, EPUB and Kindle. Book excerpt: As the burden of defense borne by reserve forces has increased, more attention has been paid to differences between the compensation systems for the reserve and active components. One particular emphasis is on the retirement systems, a key difference being that reserve members who complete 20 years must wait until age 60 to draw benefits whereas active members can draw benefits immediately upon discharge. This monograph compares the reserve and active retirement systems, discusses the importance of structuring compensation to enable flexibility in managing active and reserve manpower, describes how the debate over reserve retirement reform has differed from active component retirement reform debate, and considers obstacles to reform and how they might be overcome. It also provides a quantitative assessment of several past congressional proposals to change the reserve retirement system in terms of their effects on reserve participation and personnel costs, concluding that proposals to reduce the age at which eligible members may begin receiving retirement benefits are not cost-effective means of sustaining or increasing reserve component retention. It also concludes that a menu of member options can be a powerful tool to maintain morale and overcome obstacles to reform. Current members could be given the choice of staying in the current retirement system or joining the new one, and the choice might be offered over a period of time, say five years. New entrants and reentrants with few years of service might be placed under the new system.
Book Synopsis Alternative Military Retirement Systems by : John T. Warner
Download or read book Alternative Military Retirement Systems written by John T. Warner and published by . This book was released on 1979 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Assessing Compensation Reform: Research in Support of the 10th Quadrennial Review of Military Compensation by :
Download or read book Assessing Compensation Reform: Research in Support of the 10th Quadrennial Review of Military Compensation written by and published by . This book was released on 2008 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Military retirement reform has been a central element of the policy debate regarding why and how to restructure the system for compensating members of the U.S. armed forces. Concerns about the compensation system, and the retirement system specifically, include the rising cost of military compensation and the need for greater efficiency in the provision of compensation, the greater need for flexibility to reshape the force as missions change in ways that challenge the current compensation system, and issues related to the equity of military retirement benefits of active versus reserve personnel, junior versus senior personnel, and military personnel versus their civilian counterparts. Active members can claim retirement benefits before reservists can; junior members who leave prior to completing 20 years of service do not qualify for retirement benefits, unlike their more senior counterparts; and the 20-year vesting rule is outside the civilian vesting norm of 5-7 years of service, under the Employee Retirement Income Security Act of 1974 (ERISA). The 10th Quadrennial Review of Military Compensation (QRMC), building on previous studies and commission reports, including the 2006 report of the Defense Advisory Committee on Military Compensation (DoD, 2006) and the 2000 report of the Defense Science Board Task Force on Human Resources Strategy, has proposed an alternative military retirement system that addresses concerns regarding the current system while still sustaining the force. The defined benefit (DB) and defined contribution (DC) plans are the foundation of the alternative system considered in this analysis. RAND was asked to develop a modeling capability to assess compensation alternatives, such as the QRMC proposal, in terms of their effects on military retention, retirement behavior, vesting, cost, reserve participation, and the value of compensation from the perspective of the member leaving active duty. This monograph presents the results of that study.
Book Synopsis Techniques for Evaluating Military Retirement Policies by : March Chipman
Download or read book Techniques for Evaluating Military Retirement Policies written by March Chipman and published by . This book was released on 1978 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: In evaluating alternative military retirement policies, models have been developed to compare regular military compensation, severance, vesting, and retirement costs given an underlying set of assumptions. The report outlines the interactive Retirement Analysis Model (RAM), which performs this task in both transitional and steady-state environments, examining both short-run and long-run effects. In addition, emphasis is given to a dynamic programming approach that will produce a set of continuation rates (which express personnel behavior) given a set of economic incentives as depicted by a retirement system. The combination of RAM with the dynamic programming approach is expected to lead to a more accurate assessment of the effects of retirement policies on both personnel behavior and total costs. (Author).
Book Synopsis Alternative Military Retirement Systems by : John T. Warner
Download or read book Alternative Military Retirement Systems written by John T. Warner and published by . This book was released on 1979 with total page 61 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Perceived Effectiveness of Current Military Retirement Alternatives by :
Download or read book Perceived Effectiveness of Current Military Retirement Alternatives written by and published by . This book was released on 1979 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This thesis develops and evaluates a methodology designed to quantify perceptions of alternative military retirement plans and components of retirement systems. The technique consists of factoring retirement proposals into common characteristics, surveying a sample of the military population, asking them to rank and weight characteristic importance and score how each plan fulfills each characteristic, and computing a relative weighted preference for each plan. Based on successful demonstration of this methodology using a sample of military officer students at the Naval Postgraduate School, it is recommended that this method be expanded to a sample of the entire military population. In view of the recent criticism alleging inefficiency and expensiveness of the existing system, the results of such an effort could be useful to the effectiveness portion of a systematic analysis aimed at choosing among alternative retirement systems. (Author).
Book Synopsis An Historical Analysis and Comparison of the Military Retirement System and the Federal Employee Retirement System by : Bruce R. Breth
Download or read book An Historical Analysis and Comparison of the Military Retirement System and the Federal Employee Retirement System written by Bruce R. Breth and published by . This book was released on 1998-06-01 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt: The most significant change to private sector as well as civil service employee retirement systems over the past 15 years has been the transition from defined benefit to defined contribution retirement plans. This trend has shifted a significant portion of the risk involved in funding retirement from corporations and the federal government to employees. This thesis examines the military retirement system and the Civil Service Retirement System/Federal Employee Retirement System, from their introduction to present day, addressing the reasons for major changes during their evolution. Government studies, private studies, periodicals and Internet resources were consulted to identify significant developments and legislation affecting the military retirement system and Federal Employee Retirement System (FERS). While the retirement system for federal employees has transitioned from a strict defined benefit system to a system with a defined contribution element, the military retirement system has not yet incorporated a defined contribution component. The trend of persistent legislative attention towards the military retirement system implies that the 1980 and 1986 reductions didn't cut deep enough and future reductions are possible. The success of FERS suggests that the application of a defined contribution element to the current military retirement system is very likely in the future.
Book Synopsis Personnel Management in the Military by : R. Yılmaz Argüden
Download or read book Personnel Management in the Military written by R. Yılmaz Argüden and published by . This book was released on 1986-01-01 with total page 203 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Many studies of the military retirement system are based on models whose structures are likely to be changed by the policy interventions that they analyze. Such models could lead to seriously biased predictions of the retention effects of alternative retirement systems. This report examines the adequacy of the existing retention models for retirement policy analysis, quantifies their limitations, suggests improvements, and develops a simulation methodology to test the suggested and future improvements. It also examines the importance of paying analytical attention to the inputs of the retention models."--Rand abstracts.
Book Synopsis An Overview of Past Proposals for Military Retirement Reform by : John Christian
Download or read book An Overview of Past Proposals for Military Retirement Reform written by John Christian and published by Rand Corporation. This book was released on 2006 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt: By one estimate, between fiscal years 1995 and 2005, total compensation costs for current and former military personnel increased by almost 60 percent. The military retirement benefit remains a significant portion of these costs, and every change to accessions, retention, and basic pay today will have a future effect on pension expenditures. This technical report provides an overview of the history of U.S. military retirement studies and associated legislation, with a particular focus on the past 60 years of proposed reforms. It is organized around the following five major issues that have driven attempts at retirement system reform: cost, equity, selective retention, civilian comparability, and force management flexibility. The author finds that cost alone is reason to analyze the current retirement system, and reform proposals of the past have focused carefully on cost. However, he also finds that, as the military's mission evolves over time, it is also important to consider the sometimes subtle incentive effects that the retirement system has on service member behavior. Beyond considerations of cost, reform of the military retirement system necessarily involves ramifications for force structure and operational readiness.
Book Synopsis Military Retirement by : Sharon Cekala
Download or read book Military Retirement written by Sharon Cekala and published by DIANE Publishing. This book was released on 1999-05 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: Changes made to the design of many civilian retirement systems over the past 2 decades, along with increasing federal budget pressures, have focused attention on whether the military retirement system is best designed to efficiently meet the needs of the DoD and members of the military services. This report addresses: (1) military retirement costs, (2) the role of military retirement in shaping and managing U.S. forces, and (3) proposed changes to modernize the system and contribute to more efficient force management. Charts and tables.
