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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.
United States. --- Appointments and retirements --- History.
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Great Britain. --- Appointments and retirements --- History --- Officers
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Van Antwerp, Robert L. --- United States. --- Appointments and retirements.
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Legislative amendments. --- Navies --- Officers. --- United States. --- Appointments and retirements.
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"The new Blended Retirement System (BRS) represents the first major change to the armed services' retirement system since the end of World War II. The analysis in this report assesses the potential impact of BRS on the U.S. Army Reserve (USAR) participation and continuation pay (CP) cost and provides predictions of opt-in behavior. A key finding is that USAR participation can be sustained relative to the legacy system if CP is set at optimized levels. Furthermore, CP levels affect the likelihood that currently serving members elect the BRS, thereby affecting USAR's time pattern of retirement cost, and cost savings, relative to the legacy system. The project's aim was to provide estimates of the change in costs for the USAR due to the BRS in the transition years and the number of participants, both as a result of new entry to the Army Reserve and election by serving members"--From back cover.
Military pensions --- Costs. --- United States. --- Reserves --- Appointments and retirements.
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Resolutions, Legislative. --- Armed Forces --- Officers. --- United States. --- Appointments and retirements.
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Claims. --- Military discharge. --- Disabled veterans. --- United States. --- Appointments and retirements.
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Claims. --- Naval militia. --- Disabled veterans. --- United States. --- Appointments and retirements.
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Claims. --- Military promotions. --- United States. --- Appointments and retirements.
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Claims. --- Disabled veterans. --- Navies --- Officers. --- United States. --- Appointments and retirements.
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