Making The Reserve Retirement System Similar To The Active System
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Author | : Doug Nordman |
Publisher | : |
Total Pages | : 0 |
Release | : 2011-06-16 |
Genre | : Biography & Autobiography |
ISBN | : 9781570233197 |
You don't have to pursue another career in government or the corporate world once you leave the military. Indeed, if you understand your key military benefits as well as fine-tune your finances, you should be able to chart a new arid exciting post-military life! That's the central message running throughout this revealing book for servicemembers, veterans, and their families who want to become financially independent prior to committing themselves to full-time retirement and plan accordingly. Semi-retired at age 41 and enjoying life with his family on the beaches of Hawaii, the author outlines how military personnel can become happily semi-retired regardless of their age. Emphasizing the importance of family, lifestyle, and bridge careers, Doug Nordman goes a long Way in providing answers to one of today's most important questions for transitioning military - ôWhat do you want to do with the rest of your life?ö Dispelling numerous myths about military transition, finances, and retirement. He focuses on the two most important inflation-protected benefits military retirees and their families receive and can build upon for creating a financially independent and semi-retired lifestyle: military pension TRICARE health system He shows how to build a sound financial house based upon: military benefits investment portfolios part-time work savings bridge careers frugal living Filled with examples checklists, recommended websites, and a rich collection of appendices that deal with inflation, multiple income streams, and the value of a military, pension, this ground-breaking book is essential reading for anyone contemplating retiring from the military or jump-starting their post-military career in the direction of semi-retirement and/or full-time retirement Book jacket.
Author | : Michael G. Mattock |
Publisher | : |
Total Pages | : 0 |
Release | : 2014 |
Genre | : Business & Economics |
ISBN | : 9780833084187 |
"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.
Author | : |
Publisher | : |
Total Pages | : 36 |
Release | : 1996 |
Genre | : Civil service |
ISBN | : |
Author | : Lightbulb Press |
Publisher | : |
Total Pages | : |
Release | : 2017-01-15 |
Genre | : |
ISBN | : 9781933569130 |
An introduction to the DoD's new BRS, with helpful information for servicemembers about whether to opt-in.
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 | : 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 | : Martin Feldstein |
Publisher | : University of Chicago Press |
Total Pages | : 484 |
Release | : 2008-04-15 |
Genre | : Political Science |
ISBN | : 0226241823 |
This volume represents the most important work to date on one of the pressing policy issues of the moment: the privatization of social security. Although social security is facing enormous fiscal pressure in the face of an aging population, there has been relatively little published on the fundamentals of essential reform through privatization. Privatizing Social Security fills this void by studying the methods and problems involved in shifting from the current system to one based on mandatory saving in individual accounts. "Timely and important. . . . [Privatizing Social Security] presents a forceful case for a radical shift from the existing unfunded, pay-as-you-go single national program to a mandatory funded program with individual savings accounts. . . . An extensive analysis of how a privatized plan would work in the United States is supplemented with the experiences of five other countries that have privatized plans." —Library Journal "[A] high-powered collection of essays by top experts in the field."—Timothy Taylor, Public Interest
Author | : United States. Congress. House. Committee on Armed Services. Subcommittee on Total Force |
Publisher | : |
Total Pages | : 1148 |
Release | : 2003 |
Genre | : Business & Economics |
ISBN | : |
Author | : Mark E. Sullivan |
Publisher | : American Bar Association |
Total Pages | : 674 |
Release | : 2006 |
Genre | : Family & Relationships |
ISBN | : 9781590316580 |
This new and comprehensive book will give you exactly what you need to understand and comply with the law. It provides an overview of the provisions for the new Bankruptcy Reform Act including new sanctions provisions in Chapter 7 cases; regulation of attorneys as debt relief agencies; heightened requirements for reaffirmation agreements.
Author | : United States. Congress. Senate. Committee on Armed Services |
Publisher | : |
Total Pages | : 482 |
Release | : 2010 |
Genre | : Military research |
ISBN | : |