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A framework for restructuring the military retirement system [electronic resource] / Roy A. Wallace, David S. Lyle, John Z. Smith.

Summary:

The current military retirement system has been integral to sustaining the All Volunteer Force (AVF). Mounting federal budget challenges, however, have raised concern that the program may become fiscally unsustainable. While several restructuring proposals have emerged, none have considered the implications of these changes to the broader issue of manning an AVF. Changes to the existing system could create military personnel shortfalls, adversely affect servicemember and retiree well-being, and reduce public confidence in the Armed Forces. With the right analytical framework in place, however, a more holistic system restructuring is possible, one that avoids these negative effects while significantly reducing costs. A comprehensive framework is provided, as well as a proposal that stands to benefit both servicemembers in terms of value and the military in terms of overall cost savings.

Electronic resources

Record details

  • ISBN: 1584875801
  • ISBN: 9781584875802
  • Physical Description: 1 online resource (xii, 35 pages) : illustrations
  • Publisher: Carlisle, PA : U.S. Army War College, Strategic Studies Institute : 2013.

Content descriptions

General Note:
"July 2013."
Title from title screen (viewed July 28, 2013).).
Bibliography, etc. Note:
Includes bibliographical references (pages 25-30).
Formatted Contents Note:
Introduction -- Restructuring military retirement : a framework for future pension plans. Personnel inventory -- Service member well-being -- Public perceptions -- Costs -- A retirement proposal : the "10-15-55" plan -- Benchmarking against the pension framework. Personnel inventory -- Service member well-being -- Perception -- Cost -- Conclusions.
Subject:
Military pensions > United States.
Framework for restructuring the military retirement system

Accessibility Features

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24512. ‡aA framework for restructuring the military retirement system ‡h[electronic resource] / ‡cRoy A. Wallace, David S. Lyle, John Z. Smith.
264 1. ‡aCarlisle, PA : ‡bU.S. Army War College, Strategic Studies Institute : ‡bU.S. Army War College Press, ‡c2013.
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500 . ‡aTitle from title screen (viewed July 28, 2013).).
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5050 . ‡aIntroduction -- Restructuring military retirement : a framework for future pension plans. Personnel inventory -- Service member well-being -- Public perceptions -- Costs -- A retirement proposal : the "10-15-55" plan -- Benchmarking against the pension framework. Personnel inventory -- Service member well-being -- Perception -- Cost -- Conclusions.
520 . ‡aThe current military retirement system has been integral to sustaining the All Volunteer Force (AVF). Mounting federal budget challenges, however, have raised concern that the program may become fiscally unsustainable. While several restructuring proposals have emerged, none have considered the implications of these changes to the broader issue of manning an AVF. Changes to the existing system could create military personnel shortfalls, adversely affect servicemember and retiree well-being, and reduce public confidence in the Armed Forces. With the right analytical framework in place, however, a more holistic system restructuring is possible, one that avoids these negative effects while significantly reducing costs. A comprehensive framework is provided, as well as a proposal that stands to benefit both servicemembers in terms of value and the military in terms of overall cost savings.
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7001 . ‡aSmith, John Z., ‡eauthor.
7001 . ‡aLyle, David S. ‡q(David Stephen), ‡d1971- ‡eauthor.
7102 . ‡aArmy War College (U.S.). ‡bStrategic Studies Institute, ‡eissuing body. ‡0(CARDINAL)155441
77608. ‡iPrint version: ‡aWallace, Roy A. ‡tFramework for restructuring the military retirement system ‡w(DLC) 2013464159 ‡w(OCoLC)855907383
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