Assessing Compensation Reform

Author : Beth J. Asch
Publisher : RAND Corporation
Page : 142 pages
File Size : 40,5 Mb
Release : 2008
Category : Business & Economics
ISBN : UOM:39015075639552

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Assessing Compensation Reform by Beth J. Asch Pdf

Military compensation is a pillar of the all-volunteer force. It is a fundamental policy tool for attracting and retaining personnel, and its structure-and the incentives implied by its structure-can affect U.S. service members' willingness to join, exert effort, demonstrate their leadership potential, remain in the military, and, eventually, exit the military at an appropriate time. Military compensation is a composite of current pay and allowances, special and incentive pays, health benefits, disability benefits, retirement benefits, and other benefits. Its importance to the readiness and morale of the force is such that it is reviewed every four years to determine whether it is adequate to meet the U.S. military's objectives. To inform the 10th Quadrennial Review of Military Compensation, this monograph presents an in-depth examination of the mix and structure of the U.S. military's current retirement-benefit system and several policy alternatives. The study included the development of a model that was estimated and used to run a series of simulations based on active-duty and reserve personnel data to track the careers and potential decisionmaking of military personnel across the services. The simulation results were then assessed in terms of their cost-effectiveness and ability to meet the services' expectations for accession, retention, and career mobility.

Author : Anonim
Publisher : Unknown
Page : 0 pages
File Size : 50,5 Mb
Release : 2008
Category : Electronic
ISBN : OCLC:1050654632

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Assessing Compensation Reform: Research in Support of the 10th Quadrennial Review of Military Compensation by Anonim Pdf

Military retirement reform has been a central element of the policy debate regarding why and how to restructure the system for compensating members of the U.S. armed forces. Concerns about the compensation system, and the retirement system specifically, include the rising cost of military compensation and the need for greater efficiency in the provision of compensation, the greater need for flexibility to reshape the force as missions change in ways that challenge the current compensation system, and issues related to the equity of military retirement benefits of active versus reserve personnel, junior versus senior personnel, and military personnel versus their civilian counterparts. Active members can claim retirement benefits before reservists can; junior members who leave prior to completing 20 years of service do not qualify for retirement benefits, unlike their more senior counterparts; and the 20-year vesting rule is outside the civilian vesting norm of 5-7 years of service, under the Employee Retirement Income Security Act of 1974 (ERISA). The 10th Quadrennial Review of Military Compensation (QRMC), building on previous studies and commission reports, including the 2006 report of the Defense Advisory Committee on Military Compensation (DoD, 2006) and the 2000 report of the Defense Science Board Task Force on Human Resources Strategy, has proposed an alternative military retirement system that addresses concerns regarding the current system while still sustaining the force. The defined benefit (DB) and defined contribution (DC) plans are the foundation of the alternative system considered in this analysis. RAND was asked to develop a modeling capability to assess compensation alternatives, such as the QRMC proposal, in terms of their effects on military retention, retirement behavior, vesting, cost, reserve participation, and the value of compensation from the perspective of the member leaving active duty. This monograph presents the results of that study.

Author : United States. Congressional Budget Office
Publisher : Unknown
Page : 60 pages
File Size : 55,7 Mb
Release : 1980
Category : United States
ISBN : PURD:32754074123104

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Compensation Reform for Federal White-collar Employees by United States. Congressional Budget Office Pdf

Author : United States. Congress. House. Committee on Education and Labor. Subcommittee on Manpower, Compensation, and Health and Safety
Publisher : Unknown
Page : 1498 pages
File Size : 46,9 Mb
Release : 1976
Category : Workers' compensation
ISBN : LOC:00186243250

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National Workers' Compensation Act of 1975 by United States. Congress. House. Committee on Education and Labor. Subcommittee on Manpower, Compensation, and Health and Safety Pdf

Author : International Monetary Fund. Fiscal Affairs Dept.
Publisher : International Monetary Fund
Page : 99 pages
File Size : 40,5 Mb
Release : 2016-08-04
Category : Business & Economics
ISBN : 9781498345774

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Managing Government Compensation and Employment - Institutions, Policies, and Reform Challenges by International Monetary Fund. Fiscal Affairs Dept. Pdf

Government compensation and employment policies are important for the efficient delivery of public services which are crucial for the functioning of economies and the general prosperity of societies. On average, spending on the wage bill absorbs around one-fifth of total spending. Cross-country variation in wage spending reflects, in part, national choices about the government’s role in priority sectors, as well as variations in the level of economic development and resource constraints.

Author : United States. General Accounting Office
Publisher : Unknown
Page : 68 pages
File Size : 55,9 Mb
Release : 1978
Category : United States
ISBN : STANFORD:36105126820716

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Need to Better Inform Military Personnel of Compensation Changes by United States. General Accounting Office Pdf

Author : Samuel Pienknagura,Christopher Evans
Publisher : International Monetary Fund
Page : 52 pages
File Size : 43,5 Mb
Release : 2021-09-10
Category : Business & Economics
ISBN : 9781513596112

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Assessing Chile's Pension System: Challenges and Reform Options by Samuel Pienknagura,Christopher Evans Pdf

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.

Author : OECD
Publisher : OECD Publishing
Page : 80 pages
File Size : 51,5 Mb
Release : 2014-06-18
Category : Electronic
ISBN : 9789264213586

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The 2012 Labour Market Reform in Spain A Preliminary Assessment by OECD Pdf

This report provides an initial evaluation of the comprehensive reform of the Spanish labour market undertaken in 2012.

Author : Schleicher Andreas
Publisher : OECD Publishing
Page : 100 pages
File Size : 42,8 Mb
Release : 2011-11-21
Category : Electronic
ISBN : 9789264113046

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International Summit on the Teaching Profession Building a High-Quality Teaching Profession Lessons from around the World by Schleicher Andreas Pdf

This report presents the best current evidence about what can make teacher-oriented reforms effective and points to examples of reforms that have produced specific results, show promise or illustrate imaginative ways of implementing change.

Author : United States. Congress. Senate. Committee on Governmental Affairs
Publisher : Unknown
Page : 232 pages
File Size : 43,6 Mb
Release : 1980
Category : Government publications
ISBN : LOC:00173914659

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Federal Employees Compensation Reform Act of 1979 by United States. Congress. Senate. Committee on Governmental Affairs Pdf

Author : Sita Ram Singh
Publisher : APH Publishing
Page : 388 pages
File Size : 45,6 Mb
Release : 2005
Category : Political Science
ISBN : 8176488380

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Land Reforms and Farm Diversity by Sita Ram Singh Pdf

This book makes a micro-study ofco-relation between farm-diversity and land reform through various significantissues, concepts, review of literature from First Five Year Plan to the Tenth Planin a lucid, simple and systematic manner.

Author : Lorenzo Forni,Natalija Novta
Publisher : International Monetary Fund
Page : 23 pages
File Size : 47,8 Mb
Release : 2014-10-23
Category : Business & Economics
ISBN : 9781498350341

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Public Employment and Compensation Reform During Times of Fiscal Consolidation by Lorenzo Forni,Natalija Novta Pdf

This paper compiles and compares recent and past measures introduced to contain the public wage bill in a number of emerging and advanced economies to assess their effectiveness in bringing down expenditure in a sustained way. In the aftermath of the Great Recession a number of countries have approved measures on the wage bill as part of fiscal consolidation efforts. These recent episodes are compared to past cases implemented in advanced economies over the period 1979–2009. Findings suggest that public wage bill consolidation episodes pre and post 2009 are similar in many respects. Moreover, typically countries that were able to achieve more sustained reductions in the wage bill have implemented to larger extent structural measures, and/or these measures were accompanied with substantial social dialogue and consensus.

Author : Richard Rosner
Publisher : CRC Press
Page : 929 pages
File Size : 45,9 Mb
Release : 2003-02-28
Category : Law
ISBN : 9780340806647

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Principles and Practice of Forensic Psychiatry, 2Ed by Richard Rosner Pdf

The second edition of this award-winning textbook has been thoroughly revised and updated throughout. Building on the success of the first edition, the book continues to address the History and Practice of Forensic Psychiatry, Legal Regulation of the Practice of Psychiatry, Psychiatry in relation to Civil Law, Criminal Law, and Family Law. Important sections such as Special Issues in Forensic Psychiatry, Law and the Legal System, and Landmark Cases in Mental Health Law are included. Designed to meet the needs of practitioners of forensic psychiatry, for residents in forensic psychiatry, and those preparing for the specialty examination in Forensic Psychiatry of the American Board of Psychiatry and Neurology, this volume will also answer the many questions faced by mental health professionals, mental health administrators, correctional health professionals and correctional health administrators, attorneys, judges, probation and parole officers and administrators all of whom, at one time or another, require a substantive presentation of the entire field of forensic psychiatry in the USA.

Author : Jennifer King Rice,Betty Malen
Publisher : Teachers College Press
Page : 209 pages
File Size : 53,5 Mb
Release : 2017-02-10
Category : Education
ISBN : 9780807758014

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Performance-Based Pay for Educators by Jennifer King Rice,Betty Malen Pdf

This book provides an in-depth analysis of a performance-based pay initiative and crystalizes the design issues and implementation challenges that confounded efforts to translate this promising policy into practice. This story has much to say to academics and policymakers who are trying to figure out the combinations of incentives and the full range of resources required to establish incentive programs that promote an adequate supply and equitable distribution of capable and committed educators for our public schools. The book uncovers the conditions that appear to be necessary, if not fully sufficient, for performance-based initiatives to have a chance to realize their ambitious aims and the research that is required to guide policy development. In so doing, the authors consider the thorny question of whether performance-based pay systems for educators are worth the investment. Book Features: Examines the use of educator compensation reform as a tool to improve human capital in chronically low-performing schools. Analyzes how a theoretically promising incentive program actually plays out in schools. Documents policy implementation and its impacts through the experiences and voices of teachers and school administrators. Concludes with clear and actionable recommendations for policy and research.

Author : Susan Moore Johnson
Publisher : Unknown
Page : 0 pages
File Size : 41,9 Mb
Release : 2009
Category : Education
ISBN : 1932066403

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Redesigning Teacher Pay by Susan Moore Johnson Pdf