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Proposals To Change The Military Retirement System
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Book Synopsis Proposals to Change the Military Retirement System by : United States Accounting Office (GAO)
Download or read book Proposals to Change the Military Retirement System written by United States Accounting Office (GAO) and published by Createspace Independent Publishing Platform. This book was released on 2018-05-20 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: Proposals To Change the Military Retirement System
Book Synopsis Proposals To Change the Military Retirement System by : United States General Accounting of Gao
Download or read book Proposals To Change the Military Retirement System written by United States General Accounting of Gao and published by . This book was released on 2019-03-17 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: Proposals To Change the Military Retirement System
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.
Author :United States. Congress. Senate. Committee on Armed Services. Subcommittee on Manpower and Personnel Publisher : ISBN 13 : Total Pages :172 pages Book Rating :4.:/5 (51 download)
Book Synopsis Proposals to Change Military Retirement by : United States. Congress. Senate. Committee on Armed Services. Subcommittee on Manpower and Personnel
Download or read book Proposals to Change Military Retirement written by United States. Congress. Senate. Committee on Armed Services. Subcommittee on Manpower and Personnel and published by . This book was released on 1986 with total page 172 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Proposals To Change the Military Retirement System by :
Download or read book Proposals To Change the Military Retirement System written by and published by . This book was released on 1985 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
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 Retirement Security by : U S Government Accountability Office (G
Download or read book Retirement Security written by U S Government Accountability Office (G and published by BiblioGov. This book was released on 2013-06 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: The U.S. Government Accountability Office (GAO) is an independent agency that works for Congress. The GAO watches over Congress, and investigates how the federal government spends taxpayers dollars. The Comptroller General of the United States is the leader of the GAO, and is appointed to a 15-year term by the U.S. President. The GAO wants to support Congress, while at the same time doing right by the citizens of the United States. They audit, investigate, perform analyses, issue legal decisions and report anything that the government is doing. This is one of their reports.
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.
Book Synopsis Military Retirement by : American Enterprise Institute for Public Policy Research
Download or read book Military Retirement written by American Enterprise Institute for Public Policy Research and published by . This book was released on 1980 with total page 106 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Military Retirement Accounting Changes, the Administration's Proposals by : Robert F. Hale
Download or read book Military Retirement Accounting Changes, the Administration's Proposals written by Robert F. Hale and published by . This book was released on 1978 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Proposed Changes to the Military Retirement System by : Kristy N. Kamarck
Download or read book Proposed Changes to the Military Retirement System written by Kristy N. Kamarck and published by . This book was released on 2015 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis A Framework for Restructuring the Military Retirement System by : Roy A. Wallace
Download or read book A Framework for Restructuring the Military Retirement System written by Roy A. Wallace and published by Army War College Press. This book was released on 2013 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt: The current military retirement system has been integral to sustaining the All Volunteer Force (AVF). Mounting federal budget challenges, however, have raised concern that the program may become fiscally unsustainable. While several restructuring proposals have emerged, none have considered the implications of these changes to the broader issue of manning an AVF. Changes to the existing system could create military personnel shortfalls, adversely affect servicemember and retiree well-being, and reduce public confidence in the Armed Forces. With the right analytical framework in place, however, a more holistic system restructuring is possible, one that avoids these negative effects while significantly reducing costs. A comprehensive framework is provided, as well as a proposal that stands to benefit both servicemembers in terms of value and the military in terms of overall cost savings.
Book Synopsis Crs Report for Congress by : Congressional Research Service: The Libr
Download or read book Crs Report for Congress written by Congressional Research Service: The Libr and published by BiblioGov. This book was released on 2013-11 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :Committee on Committee on Armed Services United States Senate Publisher :CreateSpace ISBN 13 :9781512017649 Total Pages :118 pages Book Rating :4.0/5 (176 download)
Book Synopsis Recent Changes to the U. S. Military Retirement System by : Committee on Committee on Armed Services United States Senate
Download or read book Recent Changes to the U. S. Military Retirement System written by Committee on Committee on Armed Services United States Senate and published by CreateSpace. This book was released on 2015-05-05 with total page 118 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Bipartisan Budget Act (BBA) of 2013 included a provision that reduced the cost-of-living adjustments (COLA) for working age military retirees by 1 percent until the retiree reaches the age of 62, at which time retired pay is adjusted to the level it would have been had the COLA not been reduced. In a USA Today column defending the legislation, Congressman Paul Ryan explained the provision as follows: "We make no changes for those currently at or above age 62. This reform affects only younger military retirees. Right now any person who has served 20 years can retire regardless of age. That means a serviceman who enlists at 18 becomes eligible for retirement at 38." The Consolidated Appropriations Act amended the BBA to exempt disability retirees and their survivors from the COLA reduction. The COLA reduction is wrong because it targets a single group, military retirees, to help address the budget problems of the Federal Government as a whole. While reforms have been made to the Federal civilian pension, those changes applied prospectively to new employees. By contrast, this change to military pensions will apply upon implementation to current retirees, their families, and survivors.
Book Synopsis Military Retirement: Proposed Changes Warrant Careful Analysis by :
Download or read book Military Retirement: Proposed Changes Warrant Careful Analysis written by and published by . This book was released on 1999 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report discusses military retirement. Concerned about its ability to retain personnel, the Department of Defense (DOD) has proposed pay and retirement changes in its fiscal year 2000 budget. The pay proposal includes a 4.4 percent, across-the-board raise and pay table reform that will target increases to noncommissioned officers and mid-grade commissioned officers. The retirement change proposed by DOD is essentially a partial repeal of the 1986 Military Retirement Reform Act, which is commonly called "Redux." After providing background on the differences among the various military retirement systems and how those differences came into being, it will address (1) changes being proposed by DOD; (2) areas where we believe more information is needed; and (3) the opportunity to take a long-term, strategic view of the military compensation system. But first, it will summarize our observations regarding DOD's proposed changes to the military retirement system. Overall, we see no clear indication that the proposed change to the retirement system, which would cost an estimated $13 billion in increased costs and unfunded liabilities, will address the retention issue. While the recently reported downturn in retention rates is of concern, the nature of the retention problem is not clear. Is the problem widespread or is it concentrated in certain military occupations or year groups? Is it a transitory problem attributable to such factors as reduced accessions during the drawdown and the strong economy, or is it the beginning of a long-term problem that will affect the military for the foreseeable future? Understanding the nature of the retention problem is critical in choosing solutions-pockets of problems are best treated with targeted rather than across-the-board solutions, and transitory problems are best treated with actions that can be reversed or eliminated once the problem has receded.
Book Synopsis Reforming the Military Retirement System by : Beth J. Asch
Download or read book Reforming the Military Retirement System written by Beth J. Asch and published by Rand Corporation. This book was released on 1998 with total page 81 pages. Available in PDF, EPUB and Kindle. Book excerpt: The current military retirement system dates back to 1947, when Congress implemented a common system for the military services and for officers and enlisted personnel alike.
Author :United States. Congress. House. Committee on Armed Services. Subcommittee on Military Personnel Publisher : ISBN 13 : Total Pages :116 pages Book Rating :4.:/5 (319 download)
Book Synopsis Military Retirement Reform by : United States. Congress. House. Committee on Armed Services. Subcommittee on Military Personnel
Download or read book Military Retirement Reform written by United States. Congress. House. Committee on Armed Services. Subcommittee on Military Personnel and published by . This book was released on 2012 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt:
