An Overview of Past Proposals for Military Retirement Reform is popular PDF and ePub book, written by John Christian in 2006, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, An Overview of Past Proposals for Military Retirement Reform can be Read Online from any device for your convenience.
An Overview of Past Proposals for Military Retirement Reform Book PDF Summary
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.
Detail Book of An Overview of Past Proposals for Military Retirement Reform PDF
- Author : John Christian
- Release : 22 September 2024
- Publisher : Rand Corporation
- ISBN : 9780833039873
- Genre : Business & Economics
- Total Page : 41 pages
- Language : English
- PDF File Size : 11,8 Mb
If you're still pondering over how to secure a PDF or EPUB version of the book An Overview of Past Proposals for Military Retirement Reform by John Christian, don't worry! All you have to do is click the 'Get Book' buttons below to kick off your Download or Read Online journey. Just a friendly reminder: we don't upload or host the files ourselves.