Reforming Military Retirement

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Reforming Military Retirement

Author : Beth J. Asch,Michael G. Mattock,James R. Hosek
Publisher : Rand Corporation
Page : 0 pages
File Size : 54,5 Mb
Release : 2015
Category : Business & Economics
ISBN : 8210379456XXX

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Reforming Military Retirement by Beth J. Asch,Michael G. Mattock,James R. Hosek Pdf

Using the Dynamic Retention Model, this report evaluates the Military Compensation and Retirement Modernization Commission's proposed reforms to military compensation and retirement, especially their ability to sustain the current force size/shape.

An Overview of Past Proposals for Military Retirement Reform

Author : John Christian
Publisher : Rand Corporation
Page : 41 pages
File Size : 48,9 Mb
Release : 2006
Category : Business & Economics
ISBN : 9780833039873

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An Overview of Past Proposals for Military Retirement Reform by John Christian Pdf

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.

Reforming the Military Retirement System

Author : Anonim
Publisher : Unknown
Page : 92 pages
File Size : 52,6 Mb
Release : 1998
Category : Electronic
ISBN : OCLC:946136246

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Reforming the Military Retirement System by Anonim Pdf

This report applies the models developed in earlier RAND reports (Asch and Warner 1994A, 1994B) to analyze the effects of converting the military retirement system to a system very similar to the Federal Employees Retirement System (FERS), which is the system that covers federal civil service employees. The authors analyze several versions of this system, named the Military Federal Employees Retirement System, or MFERS. To compensate for the mandatory contributions, MFERS would be coupled with a pay raise. To the extent that the MFERS system failed to create the retention and separation patterns needed to achieve the services' desired seniority profiles, it would also include a system of retention bonuses and/or separation payments. The authors consider the implications of this proposal in terms of the effects on cost, force size and structure, productivity, and force management flexibility.

Military Retirement Reform

Author : United States. Congress. House. Committee on Armed Services. Subcommittee on Military Personnel
Publisher : Unknown
Page : 116 pages
File Size : 46,7 Mb
Release : 2012
Category : History
ISBN : MINN:31951D03577365N

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Military Retirement Reform by United States. Congress. House. Committee on Armed Services. Subcommittee on Military Personnel Pdf

Twenty Years of Service

Author : Brandon J. Archuleta
Publisher : University Press of Kansas
Page : 280 pages
File Size : 44,9 Mb
Release : 2020-08-06
Category : History
ISBN : 9780700629763

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Twenty Years of Service by Brandon J. Archuleta Pdf

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.

Reforming the Military Retirement System

Author : Beth J. Asch,Richard W. Johnson,John T. Warner,United States. Department of Defense. Office of the Secretary of Defense
Publisher : Rand Corporation
Page : 81 pages
File Size : 40,7 Mb
Release : 1998
Category : Technology & Engineering
ISBN : 0833024639

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Reforming the Military Retirement System by Beth J. Asch,Richard W. Johnson,John T. Warner,United States. Department of Defense. Office of the Secretary of Defense Pdf

The current military retirement system dates back to 1947, when Congress implemented a common system for the military services and for officers and enlisted personnel alike.

Recent Changes to the U. S. Military Retirement System

Author : Committee on Committee on Armed Services United States Senate
Publisher : CreateSpace
Page : 118 pages
File Size : 45,8 Mb
Release : 2015-05-05
Category : Electronic
ISBN : 1512017647

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Recent Changes to the U. S. Military Retirement System by Committee on Committee on Armed Services United States Senate Pdf

The Bipartisan Budget Act (BBA) of 2013 included a provision that reduced the cost-of-living adjustments (COLA) for working age military retirees by 1 percent until the retiree reaches the age of 62, at which time retired pay is adjusted to the level it would have been had the COLA not been reduced. In a USA Today column defending the legislation, Congressman Paul Ryan explained the provision as follows: "We make no changes for those currently at or above age 62. This reform affects only younger military retirees. Right now any person who has served 20 years can retire regardless of age. That means a serviceman who enlists at 18 becomes eligible for retirement at 38." The Consolidated Appropriations Act amended the BBA to exempt disability retirees and their survivors from the COLA reduction. The COLA reduction is wrong because it targets a single group, military retirees, to help address the budget problems of the Federal Government as a whole. While reforms have been made to the Federal civilian pension, those changes applied prospectively to new employees. By contrast, this change to military pensions will apply upon implementation to current retirees, their families, and survivors.

The 20-Year Military Retirement System Needs Reform

Author : United States Accounting Office (GAO)
Publisher : Createspace Independent Publishing Platform
Page : 84 pages
File Size : 44,5 Mb
Release : 2018-06-26
Category : Electronic
ISBN : 1721934944

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The 20-Year Military Retirement System Needs Reform by United States Accounting Office (GAO) Pdf

The 20-Year Military Retirement System Needs Reform

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

Author : Anonim
Publisher : Unknown
Page : 0 pages
File Size : 47,6 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.

Military Pay and Retirement Reform

Author : United States. Congress. House. Committee on the Budget. Task Force on National Security and Veterans
Publisher : Unknown
Page : 68 pages
File Size : 54,8 Mb
Release : 1981
Category : Military pensions
ISBN : PURD:32754066836606

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Military Pay and Retirement Reform by United States. Congress. House. Committee on the Budget. Task Force on National Security and Veterans Pdf

Staff Report on Entitlement Reform Options

Author : United States. Bipartisan Commission on Entitlement and Tax Reform
Publisher : Unknown
Page : 132 pages
File Size : 45,9 Mb
Release : 1994
Category : Entitlement spending
ISBN : MINN:31951D00277421C

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Staff Report on Entitlement Reform Options by United States. Bipartisan Commission on Entitlement and Tax Reform Pdf

A Policy Analysis of Reserve Retirement Reform

Author : Beth J. Asch,James R. Hosek,Michael G. Mattock
Publisher : Rand Corporation
Page : 135 pages
File Size : 49,8 Mb
Release : 2013
Category : Business & Economics
ISBN : 9780833078124

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A Policy Analysis of Reserve Retirement Reform by Beth J. Asch,James R. Hosek,Michael G. Mattock Pdf

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.

Analysis of DOD's Claimed Budgetary Savings Through Management Reforms

Author : United States. General Accounting Office
Publisher : Unknown
Page : 34 pages
File Size : 46,8 Mb
Release : 1983
Category : Electronic
ISBN : SRLF:D0007753643

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Analysis of DOD's Claimed Budgetary Savings Through Management Reforms by United States. General Accounting Office Pdf

Reserve Retirement Reform

Author : Beth J. Asch,James R. Hosek,David S. Loughran
Publisher : Rand Corporation
Page : 95 pages
File Size : 46,8 Mb
Release : 2006
Category : Business & Economics
ISBN : 9780833036933

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Reserve Retirement Reform by Beth J. Asch,James R. Hosek,David S. Loughran Pdf

Four bills are pending in Congress to reduce the age at which reservists can begin to receive retirement benefits. This report provides input regarding these proposals and the broader issues surrounding reserve retirement reform. Although it is important to recognize that deferring some portion of compensation can be cost-effective, the results argue in favor of providing compensation on a current rather than a deferred basis.