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Rescuing Reserve Recruiting And Retention From The New Blended Retirement System
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Book Synopsis Rescuing Reserve Recruiting and Retention from the New Blended Retirement System by : Sheila W. Wilds
Download or read book Rescuing Reserve Recruiting and Retention from the New Blended Retirement System written by Sheila W. Wilds and published by . This book was released on 2018 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The National Defense Authorization Act of 2016 created a new military retirement structure called the Blended Retirement System, transforming a legacy system that had remained largely unchanged for nearly 70 years. The new system is designed to ensure a greater percentage of service members leave with a portable retirement benefit by changing the vesting point from 20 to two years of service. While this may seem like a great concept for the active duty military services, attracting more young recruits who may not be interested in staying for a full career, the concern is that it will impact recruiting and retention efforts for the reserve components. This paper compares and contrasts the three different retirement systems that are now available as of 1 January 2018. It then analyzes recruiting and retention, both broadly for the United States Military and specifically for the Air Force Reserve. Finally, the paper recommends instituting a career milestone bonus (with multiple payout options) to help mitigate some of the expected effects of the new retirement system. It is important to note that all data in this paper is based on past research and models of years of service with respect to retirement. With the new Blended Retirement System in its infancy, the paper attempts to make an educated guess about what people might do but it is hard to predict human behavior and what might influence their decision calculus. It is certainly easier to identify the existence of a problem than its underlying causes. While this paper focuses on the Air Force Reserve, correlations can likely be tied to all of the Department of Defense's reserve components."--Abstract.
Book Synopsis Effects of the Blended Retirement System on United States Army Reserve Participation and Cost by : Beth J. Asch
Download or read book Effects of the Blended Retirement System on United States Army Reserve Participation and Cost written by Beth J. Asch and published by . This book was released on 2019-12-05 with total page 115 pages. Available in PDF, EPUB and Kindle. Book excerpt: Analysis of the new Blended Retirement System (BRS) finds that it can sustain U.S. Army Reserve participation relative to the legacy system. The analysis also predicts continuation-pay cost and the percentage of reservists opting in to the BRS.
Book Synopsis The Blended Retirement System by : Beth J. Asch
Download or read book The Blended Retirement System written by Beth J. Asch and published by . This book was released on 2021-10-31 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report assesses the effects of the Blended Retirement System on military retention and continuation pay cost for the Air Force, Army, Coast Guard, Marine Corps, and Navy and finds that retention can be sustained relative to the legacy system.
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 Mission Transition by : Janet I. Farley
Download or read book Mission Transition written by Janet I. Farley and published by Rowman & Littlefield. This book was released on 2017-10-27 with total page 181 pages. Available in PDF, EPUB and Kindle. Book excerpt: Change is a given in the United States military, but the soon to be applied “Blended Retirement System” is a financial change like no other the military has ever experienced. It is a huge deal that will not only affect the wallets of many active duty service members today and certainly 100% of them beginning in 2018, but it could also have a significant impact on future recruiting and retention of our volunteer military force. Mission Transition: Managing Your Career and Your Retirement is a needed introduction of the military’s new “Blended Retirement System,” representing the big shift in how the DoD manages military retirements. In the process, it encourages service members to adopt the new concept of retirement in the military, improve their own financial literacy, and assume responsibility for their own retirement planning. Finally, it provides new civilian job survival tips and strategies for service members in the process of leaving the military for civilian life. For those who are contemplating joining the armed forces and who wish to better understand the myriad of changes to the overall military retirement system this is the ideal guide.
Book Synopsis Blended Retirement System by : Lightbulb Press
Download or read book Blended Retirement System written by Lightbulb Press and published by . This book was released on 2017-01-15 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: An introduction to the DoD's new BRS, with helpful information for servicemembers about whether to opt-in.
Book Synopsis Reserve Retirement Reform by : Beth J. Asch
Download or read book Reserve Retirement Reform written by Beth J. Asch and published by Rand Corporation. This book was released on 2006 with total page 95 pages. Available in PDF, EPUB and Kindle. Book excerpt: Four bills are pending in Congress to reduce the age at which reservists can begin to receive retirement benefits. This report provides input regarding these proposals and the broader issues surrounding reserve retirement reform. Although it is important to recognize that deferring some portion of compensation can be cost-effective, the results argue in favor of providing compensation on a current rather than a deferred basis.
Book Synopsis Making the Reserve Retirement System Similar to the Active System by : Michael G. Mattock
Download or read book Making the Reserve Retirement System Similar to the Active System written by Michael G. Mattock and published by . This book was released on 2014 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The purpose of the project was to identify potential costs or savings of changes to Army reserve component (RC) retirement that align it with that offered to active component (AC) soldiers"--Page iii.
Book Synopsis Blended Retirement System by : Jason F. Ninnemann
Download or read book Blended Retirement System written by Jason F. Ninnemann and published by . This book was released on 2017 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The difficulty in retaining military medical professionals is not a new problem, but one that has been plaguing the military Services for decades. Issues range from having to endure difficult working conditions, time away from family and friends during deployments, pay, and retirement systems that can change over time. One of the greatest benefits, and one that helps retain many of these medical professionals is the promise of a military pension. Once an individual completes a twenty-year Service commitment, they are eligible to receive a pension for the rest of their life. Civilian employers try to entice military physicians away from the military with lucrative contracts and competing retirement plans; some think this will happen more-so as the military switches to a new Blended retirement system. This research paper will evaluate the financial differences between the current military retirement system and the new Blended retirement system which takes effect January of 2018. Three critical decision points in a military physicians career will be analyzed to determine the positives and negatives of the new system on financial benefit. Finally recommendations will be made on additional studies that can be conducted and proposed changes to the new system that could possibly increase retention."--Abstract.
Book Synopsis Testimony of the Military Compensation and Retirement Modernization Commission by : United States. Congress. Senate. Committee on Armed Services
Download or read book Testimony of the Military Compensation and Retirement Modernization Commission written by United States. Congress. Senate. Committee on Armed Services and published by . This book was released on 2015 with total page 836 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :National Academies of Sciences, Engineering, and Medicine Publisher :National Academies Press ISBN 13 :0309678684 Total Pages :289 pages Book Rating :4.3/5 (96 download)
Book Synopsis Strengthening U.S. Air Force Human Capital Management by : National Academies of Sciences, Engineering, and Medicine
Download or read book Strengthening U.S. Air Force Human Capital Management written by National Academies of Sciences, Engineering, and Medicine and published by National Academies Press. This book was released on 2021-03-02 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: The USAir Force human capital management (HCM) system is not easily defined or mapped. It affects virtually every part of the Air Force because workforce policies, procedures, and processes impact all offices and organizations that include Airmen and responsibilities and relationships change regularly. To ensure the readiness of Airmen to fulfill the mission of the Air Force, strategic approaches are developed and issued through guidance and actions of the Office of the Deputy Chief of Staff for Manpower, Personnel and Services and the Office of the Assistant Secretary of the Air Force for Manpower and Reserve Affairs. Strengthening US Air Force Human Capital Management assesses and strengthens the various U.S. Air Force initiatives and programs working to improve person-job match and human capital management in coordinated support of optimal mission capability. This report considers the opportunities and challenges associated with related interests and needs across the USAF HCM system as a whole, and makes recommendations to inform improvements to USAF personnel selection and classification and other critical system components across career trajectories. Strengthening US Air Force Human Capital Management offers the Air Force a strategic approach, across a connected HCM system, to develop 21st century human capital capabilities essential for the success of 21st century Airmen.
Author :United States. Congress. House. Committee on Armed Services. Subcommittee on Military Personnel Publisher : ISBN 13 : Total Pages :168 pages Book Rating :4.F/5 ( download)
Book Synopsis Stakeholder's Views on the Recommendations from the Military Compensation and Retirement Modernization Commission by : United States. Congress. House. Committee on Armed Services. Subcommittee on Military Personnel
Download or read book Stakeholder's Views on the Recommendations from the Military Compensation and Retirement Modernization Commission written by United States. Congress. House. Committee on Armed Services. Subcommittee on Military Personnel and published by . This book was released on 2015 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :United States. Congress. House. Committee on Armed Services. Subcommittee on Military Personnel Publisher : ISBN 13 : Total Pages :68 pages Book Rating :4.F/5 ( download)
Book Synopsis Final Recommendations from the Military Compensation and Retirement Modernization Commission by : United States. Congress. House. Committee on Armed Services. Subcommittee on Military Personnel
Download or read book Final Recommendations from the Military Compensation and Retirement Modernization Commission written by United States. Congress. House. Committee on Armed Services. Subcommittee on Military Personnel and published by . This book was released on 2015 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :National Academies of Sciences, Engineering, and Medicine Publisher :National Academies Press ISBN 13 :0309489539 Total Pages :385 pages Book Rating :4.3/5 (94 download)
Book Synopsis Strengthening the Military Family Readiness System for a Changing American Society by : National Academies of Sciences, Engineering, and Medicine
Download or read book Strengthening the Military Family Readiness System for a Changing American Society written by National Academies of Sciences, Engineering, and Medicine and published by National Academies Press. This book was released on 2019-10-25 with total page 385 pages. Available in PDF, EPUB and Kindle. Book excerpt: The U.S. military has been continuously engaged in foreign conflicts for over two decades. The strains that these deployments, the associated increases in operational tempo, and the general challenges of military life affect not only service members but also the people who depend on them and who support them as they support the nation â€" their families. Family members provide support to service members while they serve or when they have difficulties; family problems can interfere with the ability of service members to deploy or remain in theater; and family members are central influences on whether members continue to serve. In addition, rising family diversity and complexity will likely increase the difficulty of creating military policies, programs and practices that adequately support families in the performance of military duties. Strengthening the Military Family Readiness System for a Changing American Society examines the challenges and opportunities facing military families and what is known about effective strategies for supporting and protecting military children and families, as well as lessons to be learned from these experiences. This report offers recommendations regarding what is needed to strengthen the support system for military families.
Book Synopsis TRADOC Pamphlet TP 600-4 The Soldier's Blue Book by : United States Government Us Army
Download or read book TRADOC Pamphlet TP 600-4 The Soldier's Blue Book written by United States Government Us Army and published by . This book was released on 2019-12-14 with total page 314 pages. Available in PDF, EPUB and Kindle. Book excerpt: This manual, TRADOC Pamphlet TP 600-4 The Soldier's Blue Book: The Guide for Initial Entry Soldiers August 2019, is the guide for all Initial Entry Training (IET) Soldiers who join our Army Profession. It provides an introduction to being a Soldier and Trusted Army Professional, certified in character, competence, and commitment to the Army. The pamphlet introduces Solders to the Army Ethic, Values, Culture of Trust, History, Organizations, and Training. It provides information on pay, leave, Thrift Saving Plans (TSPs), and organizations that will be available to assist you and your Families. The Soldier's Blue Book is mandated reading and will be maintained and available during BCT/OSUT and AIT.This pamphlet applies to all active Army, U.S. Army Reserve, and the Army National Guard enlisted IET conducted at service schools, Army Training Centers, and other training activities under the control of Headquarters, TRADOC.
Author :National Academies of Sciences, Engineering, and Medicine Publisher :National Academies Press ISBN 13 :0309450780 Total Pages :165 pages Book Rating :4.3/5 (94 download)
Book Synopsis Strengthening Data Science Methods for Department of Defense Personnel and Readiness Missions by : National Academies of Sciences, Engineering, and Medicine
Download or read book Strengthening Data Science Methods for Department of Defense Personnel and Readiness Missions written by National Academies of Sciences, Engineering, and Medicine and published by National Academies Press. This book was released on 2017-03-06 with total page 165 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Office of the Under Secretary of Defense (Personnel & Readiness), referred to throughout this report as P&R, is responsible for the total force management of all Department of Defense (DoD) components including the recruitment, readiness, and retention of personnel. Its work and policies are supported by a number of organizations both within DoD, including the Defense Manpower Data Center (DMDC), and externally, including the federally funded research and development centers (FFRDCs) that work for DoD. P&R must be able to answer questions for the Secretary of Defense such as how to recruit people with an aptitude for and interest in various specialties and along particular career tracks and how to assess on an ongoing basis service members' career satisfaction and their ability to meet new challenges. P&R must also address larger-scale questions, such as how the current realignment of forces to the Asia-Pacific area and other regions will affect recruitment, readiness, and retention. While DoD makes use of large-scale data and mathematical analysis in intelligence, surveillance, reconnaissance, and elsewhereâ€"exploiting techniques such as complex network analysis, machine learning, streaming social media analysis, and anomaly detectionâ€"these skills and capabilities have not been applied as well to the personnel and readiness enterprise. Strengthening Data Science Methods for Department of Defense Personnel and Readiness Missions offers and roadmap and implementation plan for the integration of data analysis in support of decisions within the purview of P&R.
Book Synopsis An Updated Look at Military and Civilian Pay Levels and Recruit Quality by : Troy D. Smith
Download or read book An Updated Look at Military and Civilian Pay Levels and Recruit Quality written by Troy D. Smith and published by . This book was released on 2021-10-31 with total page 114 pages. Available in PDF, EPUB and Kindle. Book excerpt: Comparing military pay with civilian pay, the authors find that military pay in 2017 was above the 70th percentile of civilian pay. It was at the 85th percentile for enlisted personnel and the 77th percentile for officers.
