Key Elements Of Military Retirement System Modification
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| Author | : David Smith |
| Publisher | : |
| Total Pages | : 24 |
| Release | : 2014 |
| Genre | : Military pensions |
| ISBN | : |
The precedence of a military pension system was established in the colonies well before the birth of the United States and was modified throughout our country's history to accommodate economic realities, social norms and military requirements. Although the current system has enjoyed a period of relative constancy since 1980, massive federal debt and the threat that military compensation liability will consume the DoD budget compels exploration of cost reduction modifications. Within the DoD, the Defense Business Board and 10-15-55 initiatives propose to restructure the current system to reduce costs and realign it towards the private sector model. Although the 10-15-55 proposal is superior, it remains unaligned as it does not adequately consider existing educational benefits, strategic communications and professionalism aspects of the military profession.
| Author | : John Christian |
| Publisher | : Rand Corporation |
| Total Pages | : 41 |
| Release | : 2006 |
| Genre | : Business & Economics |
| ISBN | : 0833039873 |
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. Congressional Budget Office |
| Publisher | : |
| Total Pages | : 96 |
| Release | : 1978 |
| Genre | : Military pensions |
| ISBN | : |
'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.
| Author | : Beth J. Asch |
| Publisher | : Rand Corporation |
| Total Pages | : 135 |
| Release | : 2013 |
| Genre | : Business & Economics |
| ISBN | : 0833078127 |
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.
| Author | : Neil M. Singer |
| Publisher | : |
| Total Pages | : 112 |
| Release | : 1984 |
| Genre | : Military pensions |
| ISBN | : |
| Author | : Congressional Service |
| Publisher | : Createspace Independent Publishing Platform |
| Total Pages | : 26 |
| Release | : 2018-06 |
| Genre | : |
| ISBN | : 9781720627616 |
The military retirement system is a government-funded, noncontributory, defined benefit system that has historically been viewed as a significant incentive in retaining a career military force. The system currently includes monthly compensation for qualified active and reserve retirees, disability benefits for those deemed medically unfit to serve, and a survivor annuity program for the eligible survivors of deceased retirees. The amount of compensation is dependent on time served, basic pay at retirement, and annual Cost-of-Living-Adjustments (COLAs). Military retirees are also entitled to nonmonetary benefits including exchange and commissary privileges, medical care through TRICARE, and access to Morale, Welfare and Recreation (MWR) facilities and programs. Currently, active component personnel are eligible for retirement (i.e., vested) after completing 20 years of service (YOS). Reserve personnel are eligible for retirement after 20 years of creditable service based on a points system, but do not typically begin to draw retirement pay until age 60. A third category of retirement is disability retirement. In FY2016, approximately $57 billion was paid to 2.3 million military retirees and survivors. Given the size of the program, some have viewed military retirement as a place where substantial budgetary savings could be made. However, others have argued that past modifications intended to save money have had a deleterious effect on military recruiting and retention. Military retirees, families, and veterans' service organizations closely monitor potential changes to the retirement system. When considering alternatives to the current system, Congress may choose to consider the balance between military retirement system as a retention incentive, budget constraints, and the needs and concerns of their constituents.
| Author | : National Academies of Sciences, Engineering, and Medicine |
| Publisher | : National Academies Press |
| Total Pages | : 385 |
| Release | : 2019-10-25 |
| Genre | : Social Science |
| ISBN | : 0309489539 |
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.
| Author | : Brandon J. Archuleta |
| Publisher | : University Press of Kansas |
| Total Pages | : 280 |
| Release | : 2020-08-06 |
| Genre | : History |
| ISBN | : 0700629769 |
Military pension policies are as old as the republic itself and reside at the intersection of American social, economic, and defense policy. But as the nation’s social and economic circumstances underwent dramatic changes over the last half century, military pension policy remained static, stuck in the personnel and retirement model of the industrial age. This book examines why. Integrating policy history, theory, and practice, Twenty Years of Service provides the most comprehensive examination of US military pension policy in a generation. Brandon J. Archuleta sets the stage with an exploration of the rise, evolution, and transformation of the veterans’ policy subsystem from the American Revolution through World War II. The ensuing theoretical overview explains how the military personnel policy subsystem achieved the autonomy it enjoyed from 1948 to 2018; it also offers a new perspective on autonomous policy subsystems in general, which helps to account for the long-term pension policy stasis. In practical terms, Archuleta explores the role of the successful 2015 Military Compensation and Retirement Modernization Commission as an institutional venue for policy change during the congressional budget battles of the 2010s. Through extensive archival research, illustrative case studies, and field interviews with Pentagon bureaucrats, congressional staffers, veterans’ lobbyists, defense scholars, and journalists, Twenty Years of Service brings the policymaking process to life. Its insights will prove invaluable to policy scholars and defense practitioners alike.
| Author | : Beth J. Asch |
| Publisher | : |
| Total Pages | : 0 |
| Release | : 2020-02-15 |
| Genre | : Business & Economics |
| ISBN | : 9781977403988 |
Drawing on a large body of research, this RAND Arroyo report, part of a series, provides an examination of the role of military compensation as a strategic human resource tool, how well it fulfills that role, and how it could be improved.
| Author | : |
| Publisher | : |
| Total Pages | : 132 |
| Release | : 1987 |
| Genre | : Civil service |
| ISBN | : |
