A Framework for Restructuring the Military Retirement System PDF Download
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Author: Roy A. Wallace
Publisher:
ISBN:
Category : Military pensions
Languages : en
Pages : 52
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Book Description
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.
Author: Roy A. Wallace
Publisher:
ISBN:
Category : Military pensions
Languages : en
Pages : 52
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Book Description
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.
Author: Roy A. Wallace
Publisher:
ISBN: 9781584875802
Category : Military pensions
Languages : en
Pages : 35
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Book Description
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.
Author: Roy/A Wallace
Publisher:
ISBN: 9781304866103
Category : Education
Languages : en
Pages : 0
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Book Description
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 service member and retiree well-being, and reduce public confidence in the Armed Forces. With the right analytical framework in place, however, a more holistic restructuring of the system is possible, one that avoids these negative effects while significantly reducing costs. This monograph provides both a comprehensive framework and a proposal that stand to benefit both service members in terms of value and the military in terms of overall cost savings.
Author: Roy A. Wallace
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Book Description
Author: Roy A. Wallace
Publisher: Army War College Press
ISBN:
Category : History
Languages : en
Pages : 54
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Book Description
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.
Author: Brandon J. Archuleta
Publisher: University Press of Kansas
ISBN: 0700629769
Category : History
Languages : en
Pages : 280
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Book Description
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: Katherine Carroll
Publisher: Taylor & Francis
ISBN: 1000630544
Category : History
Languages : en
Pages : 318
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Book Description
This book offers an accessible introduction to the U.S. military as an institution and provides insights into the military’s structure and norms. Designed for undergraduate students, the book offers an interdisciplinary overview of America’s armed forces through three critical lenses. First, it introduces the military’s constitutional and historical context. Second, it presents concise factual information chosen for its relevance to the military’s structures, procedures, norms, and varied activities. Finally, it intersperses these facts with debates, theories, and questions to spark student interest, class discussion, and further research. The text is written for the beginner but covers complex topics such as force structure and the defense budget. With contributions informed by both scholarly approaches and long military careers, the book will prepare students for further studies in international relations, civil-military relations, or U.S. foreign policy. It also encourages critical thinking, elucidating an institution that undergraduates and other civilians too often perceive as both baffling and above reproach. This book will be of much interest to students of the U.S. military, civil-military relations, U.S. politics, and public policy.
Author:
Publisher:
ISBN:
Category : Civil service
Languages : en
Pages : 132
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Book Description
Author: United States. Congress. House. Committee on Armed Services. Subcommittee on Military Personnel
Publisher:
ISBN:
Category : History
Languages : en
Pages : 116
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Book Description
Author: Samuel Pienknagura
Publisher: International Monetary Fund
ISBN: 151359611X
Category : Business & Economics
Languages : en
Pages : 52
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Book Description
Chile’s pension system came under close scrutiny in recent years. This paper takes stock of the adequacy of the system and highlights its challenges. Chile’s defined contribution system was quite influential when introduced, and was taken as an example by other countries. However, it is now delivering low replacement rates relative to OECD peers, as its parameters did not adapt over time to changing demographics and global returns, while informality persists in the labor market. In the absence of reforms, the system’s inability to deliver adequate outcomes for a large share of participants will continue to magnify, as demographic trends and low global interest rates will continue to reduce replacement rates. In addition, recent legislation allowing for pension savings withdrawals to counter the effects from the COVID-19 pandemic, is projected to further reduce replacement rates and increase fiscal costs. A substantial improvement in replacement rates is feasible, via a reform that raises contribution rates and the retirement age, coupled with policies that increases workers’ contribution density.
