A framework for restructuring the military retirement system
By: Roy A. Wallace, David S. Lyle, John Z. Smith
Contributors: Lyle, David S. (David Stephen), 1971-, author; Smith, John Z., author; Army War College (U.S.). Strategic Studies Institute; Army War College (U.S.). Press
Publisher: Strategic Studies Institute and U.S. Army War College Press
Published: 2013
Place of publication: Carlisle, PA
Language: eng
Number of pages: 35
ISBN-13: 9781584875802
Subjects: Military pensions; Costs
Description: 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.
Notes: "July 2013."

Includes bibliographical references (pages 25-30).

Also available online in PDF format from Strategic Studies Institute (SSI) web site.
Table of contents: title: Introduction; title: Restructuring military retirement : a framework for future pension plans. Personnel inventory; title: Service member well-being; title: Public perceptions; title: Costs; title: A retirement proposal : the "10-15-55" plan; title: Benchmarking against the pension framework. Personnel inventory; title: Service member well-being; title: Perception; title: Cost; title: Conclusions.