Accession Number : ADA322360

Title :   A Policymaker's Guide to Accrual Funding of Military Retirement,

Corporate Author : RAND CORP SANTA MONICA CA

Personal Author(s) : Hix, William M. ; Taylor, William W.

PDF Url : ADA322360

Report Date : 1997

Pagination or Media Count : 85

Abstract : For more than a decade now the policies under which accrual funding of military retirement has been implemented have hindered the realization of the full benefits envisioned when the legislation was enacted. Earlier research for the Office of the Secretary of Defense, forthcoming from RAND's National Defense Research Institute, describes five such policy issues. This report develops two of them further and recommends initiatives to better align policies with objectives. This document is intended for two levels of audience: one at the policy level and one at the working level. To address the needs of each, the document is divided into two parts. It begins with an extended executive-level summary that provides the background, describes the issues, and provides enough of the underpinning detail to explain the rationale of the recommendations. Those interested in a relatively brief discussion of these issues should read only the summary. The main body of the report addresses the same issues, but it contains much more detail, including more robust explanation and illustration of the quantitative aspects of the issues involved. Those interested in the detailed explanation may skip the summary and begin reading at Chapter One.

Descriptors :   *MILITARY PERSONNEL, *PLANNING PROGRAMMING BUDGETING, *RETIREMENT(PERSONNEL), DEPARTMENT OF DEFENSE, POLICIES, ECONOMIC IMPACT, COST ESTIMATES, COST MODELS, RESOURCE MANAGEMENT, BENEFITS, SAVINGS, FEDERAL BUDGETS, COST OVERRUNS.

Subject Categories : Administration and Management
      Economics and Cost Analysis
      Personnel Management and Labor Relations

Distribution Statement : APPROVED FOR PUBLIC RELEASE