|Series||S. hrg. ;, 99-527|
|LC Classifications||KF26 .A7548 1985f|
|The Physical Object|
|Pagination||iii, 168 p. :|
|Number of Pages||168|
|LC Control Number||86601929|
As the federal government looks to rein in costs due to the budget crisis, proposals are circulating to change the military's retirement plan. Some of these proposals include: changing the Author: Bernard A. Krooks. Trump’s proposals would “align federal compensation with the private sector,” a budget book says, referring to a Congressional Budget Office Author: Eric Yoder. The current military retirement system is basically what is known as a "defined retirement system". This just means that you get a set retirement based on the number of years you are on active duty. This report summarizes substantive proposals to restructure the U.S. military retirement system, resulting from major U.S. Department of Defense–sponsored studies over the – period, including proposals from the Defense Manpower Commission, the President’sFile Size: KB.
An independent commission is expected to call this week for creation of a (k)-style retirement system as part of an overhaul to the Pentagon's current pension plan, The Wall Street Journal reported. The change is one of 15 far-reaching proposals that the panel (the Military Compensation and Retirement Modernization Commission) is expected to unveil Thursday, part of a page report that Author: Joel Himelfarb. Andrew Tilghman talked about the current and projected costs of military retirement ing to the Defense Business Board costs for military retirement programs run . to former military personnel currently on the retired rolls and to their survivors.) o A charge for retirement costs of today's military per-sonnel would be added to the defense function. The charge would equal the amount actuaries estimate would fully fund the retirement benefits earned each year by today's mili-tary . Book TV Weekends on C-SPAN2; and retirement compensation for members of the military. Proposals included reducing military pensions by 20 percent, and providing a K-type investment account.
Both Houses later stomped on the change, and now Congress is even more reluctant to mess with military compensation. Is this enough for retirement? If you’re in the military now then the proposals won’t affect you either. Your retirement system is protected from . recent proposals to change the traditional military retirement system to mirror the federal service retirement: eroding discipline and civilmmilitary relations through potentially unlawful and certainly questionable acts. joshua. e. kastenberg, lt. col., usaft in a time of . Pentagon proposal would overhaul military pensions controversial issue of military retirement reform, the Pentagon on Thursday unveiled a. insight into previous research on military retirement, so that it might be possible to learn from and build upon past reform proposals and apply those insights to new alternatives. The report covers the last 60 years of military retirement studies, beginning at the time when the key com-ponents of the current retirement plan were crystallizing.