Accrual Funding for Military Retirement Health Care

Accrual Funding for Military Retirement Health Care
Author: Logistics Management Institute
Publisher:
Total Pages:
Release: 2001
Genre: United States
ISBN:

"The FY01 Defense Authorization Act established a Medicare-Eligible Retiree Health Care Fund to finance the DoD retirement health care benefits for Medicare-eligible military retirees and their dependents and survivors on an accrual basis. This report presents research findings, conclusions, and recommendation on the implementation and operation of accrual funding for military retirement health care. Issues addressed include organizational roles, relationships, and responsibilities; methods to calculate trust fund deposits and withdrawals; meghods to pay for the health care of Medicare-eligible beneficiaries; and management and internal control requirements. The report also addresses the issue of expanding the coverage of the Fund to all military retirement health care."--Report documentation page.

Accrual Funding for Military Retirement Health Care

Accrual Funding for Military Retirement Health Care
Author:
Publisher:
Total Pages: 98
Release: 2000
Genre:
ISBN:

The FY01 Defense Authorization Act established a Medicare-Eligible Retiree Health Care Fund to finance the DoD retirement health care benefits for Medicare-eligible military retirees and their dependents and survivors on an accrual basis. This report presents research findings, conclusions, and recommendation on the implementation and operation of accrual funding for military retirement health care. Issues addressed include organizational roles, relationships, and responsibilities; methods to calculate trust fund deposits and withdrawals; methods to pay for the health care of Medicare-eligible beneficiaries; and management and internal control requirements. The report also addresses the issue of expanding the coverage of the Fund to all military retirement health care.

A Policymaker's Guide to Accrual Funding of Military Retirement

A Policymaker's Guide to Accrual Funding of Military Retirement
Author: William Michael Hix
Publisher: RAND Corporation
Total Pages: 100
Release: 1997
Genre: Business & Economics
ISBN:

Since 1985, military retirement has been funded prospectively on an accrual basis. A recommended change to service-specific imputations of normal cost would result in lower funding by the Army, Navy, and Marine Corps, and increased funding by the Air Force.

The Accrual Method for Funding Military Retirement

The Accrual Method for Funding Military Retirement
Author: Richard Eisenman
Publisher: RAND Corporation
Total Pages: 106
Release: 2001
Genre: History
ISBN:

Until 1984, the amount appearing in the DoD budget under "military retirement" was the annual payment to retired military personnel or their survivors--equaling approximately $16 billion that year. That amount reflected the number of retirees and the retirement system that resulted from force-management decisions made 20 or more years earlier. Those managing the personnel force in 1984 essentially had no control over these retirement-budget payments. Similarly, force managers in 1984 could make decisions influencing future retirement expenditures without answering for them in their own budgets. Policymakers were concerned that this system could result in increasingly expensive retirement plans, a more senior force, more retirees than justified by force-readiness considerations, and poor decisions involving substitution of civilian and military personnel and between capital and labor investments.

The Accrual Method for Funding Military Retirement: Assessment and Recommended Changes

The Accrual Method for Funding Military Retirement: Assessment and Recommended Changes
Author:
Publisher:
Total Pages: 0
Release: 2001
Genre: Accrual basis accounting
ISBN:

Until 1984, the amount appearing in the DoD budget under "military retirement" was the annual payment to retired military personnel or their survivors--equaling approximately $16 billion that year. That amount reflected the number of retirees and the retirement system that resulted from force-management decisions made 20 or more years earlier. Those managing the personnel force in 1984 essentially had no control over these retirement-budget payments. Similarly, force managers in 1984 could make decisions influencing future retirement expenditures without answering for them in their own budgets. Policymakers were concerned that this system could result in increasingly expensive retirement plans, a more senior force, more retirees than justified by force-readiness considerations, and poor decisions involving substitution of civilian and military personnel and between capital and labor investments.