Overview of the Military Retirement System

Overview of the Military Retirement System PDF Author: United States. Congress. House. Committee on Armed Services. Military Personnel and Compensation Subcommittee
Publisher:
ISBN:
Category : Military pensions
Languages : en
Pages : 184

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An Overview of Past Proposals for Military Retirement Reform

An Overview of Past Proposals for Military Retirement Reform PDF Author: John Christian
Publisher: Rand Corporation
ISBN: 0833039873
Category : Business & Economics
Languages : en
Pages : 41

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Book Description
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.

Military Retirement

Military Retirement PDF Author: Charles A. Henning
Publisher: DIANE Publishing
ISBN: 1437939732
Category : Business & Economics
Languages : en
Pages : 18

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Book Description
This is a print on demand edition of a hard to find publication. The military retirement system is a non-contributory, defined benefit system that has historically been viewed as a significant incentive in retaining a career military force. Congress grapples with constituent concerns as well as budgetary constraints when considering military retirement issues. While congressionally mandated changes to the military retirement system have been infrequent, any potential future changes are closely monitored by current and future retirees, and the vets¿ service org. who support them. Contents of this report: (1) Overview; (2) Three Systems, Different Retired Pay Calculations; (3) Retired Pay and the Cost-of-Living Allowance (COLA); (4) Military Retirement Budgeting and Costs; (5) Reforming the Military Retirement System. Tables.

Military Retirement

Military Retirement PDF Author: Sharon Cekala
Publisher: DIANE Publishing
ISBN: 9780788178573
Category : History
Languages : en
Pages : 56

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Book Description
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.

Uniformed services retirement system

Uniformed services retirement system PDF Author: United States. Department of Defense
Publisher:
ISBN:
Category : Military pensions
Languages : en
Pages : 396

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Military Retirement System

Military Retirement System PDF Author: United States. Congress. House. Committee on the Budget. Task Force on Entitlements, Uncontrollables, and Indexing
Publisher:
ISBN:
Category : Military pensions
Languages : en
Pages : 216

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Military Retirement

Military Retirement PDF Author: John S. McNeil
Publisher: Rl Innactive Titles
ISBN:
Category : History
Languages : en
Pages : 168

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Book Description
To find more information about Rowman and Littlefield titles, please visit www.rowmanlittlefield.com.

Military Retirement

Military Retirement PDF Author: Brian Parker
Publisher:
ISBN:
Category :
Languages : en
Pages : 150

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Book Description
A practical guide to navigating the military's convoluted retirement process.Congratulations on your retirement! Like most of us, you likely thought you'd give the military a few years to see how things went. But now, here you are. You're preparing to retire and begin the next stage of your life. Time to get out that retirement checklist and begin working through it.What's that? You don't have a checklist? That's okay, the Army has one for you. Oh wait. No, they don't.I was surprised when I found out that there isn't a comprehensive roadmap for the retirement process. Military Retirement: A Modern Guide to Navigating the Army Retirement System was born from that frustration as I went through the process and collected my thoughts into a series of emails to colleagues. This in-depth guide includes: -Retirement Packet - We show you the requirements, with examples for your packet.-Military Medical - Discussed in depth, this may be the most important aspect of your retirement.-SFL-TAP - You're required to go through this transition program, we'll show you how to make the most of it.-Retirement Services - Who are they and what is their role?-Finances - Are you prepared to retire? Find out in this section as we break down the realities of your military retired pay.-The Department of Veterans Affairs - The VA is a wonderful, yet confusing, agency. We give you tips on how to get through their system when filing your disability compensation claim.-Your Second Career - If you decide to work after you retire, you may need some significant assistance getting yourself ready for the civilian world. Be sure to check this section out!-Retirement Checklist - Even if you only have a few minutes of spare time, the retirement checklist provided in this guide will help to set you up for success!Get an inside look at the retirement process through the recent, real-world experience of the author as he answers the questions that you didn't even know you had, and those that instructors at SFL-TAP simply don't know the answer to.

U. S. Army Retired Soldiers Handbook

U. S. Army Retired Soldiers Handbook PDF Author: Soldier for Life- Retirement Services Office (U.S.)
Publisher: Government Printing Office
ISBN: 9780160941993
Category :
Languages : en
Pages : 80

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Book Description
This handbook provides guidance to U.S. Army retired soldiers and their families about their military status after retirement, benefits and privileges that they may be entitled. Some of the topics covered within this handbook include: MyArmyBenefits (MAB) Program, Change of Address Military Identification and Privilege Cards Military Treatment Facilities (MTFs) for Medical Care & TRICARE Military Installation Privileges- Stateside and Overseas Locating Former and Retired Soldiers Community Relations Army Emergency Relief Department of Veterans Affairs (VA) Benefits And much more Retired U.S. Army soldiers and their families may be interested in this retirement guide. Members of the ROTC Corps, and American citizens interested in enlisting within the U.S. Army also may be interested in this guide to comprehensive Army service benefits. Related products: Federal Benefits for Veterans, Dependents, and Survivors 2017 is available here:https://bookstore.gpo.gov/products/federal-benefits-veterans-dependents-and-survivors-2017 Information for Survivor Annuitants: Federal Employees Retirement System (FERS) is available here:https://bookstore.gpo.gov/products/information-survivor-annuitants-federal-employees-retirement-system-fers Applying for Deferred or Postponed Retirement Under the Federal Employees Retirement System FERS is available here:https://bookstore.gpo.gov/products/applying-deferred-or-postponed-retirement-under-federal-employees-retirement-system-fers

A Framework for Restructuring the Military Retirement System

A Framework for Restructuring the Military Retirement System PDF 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.