The fairness of change in the military retirement system
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Authors
Mazenko, David S.
Subjects
Advisors
Crawford, Alice
Eitelberg, Mark J.
Date of Issue
1995-12
Date
December 1995
Publisher
Monterey, California. Naval Postgraduate School
Language
en_US
Abstract
This thesis addresses the issue of fairness as it relates to changing military retired pay. Taxpayers, as well as retirees, are seen as central to the discussion of fairness. Determination of fairness is accomplished by examining the purposes of retired pay. Further evidence of the system's fairness (or unfairness) is provided by comparisons with other retirement plans. A final perspective on fairness is obtained by analyzing how military life has changed since the current system was instituted. Each perspective suggests that military retired pay is overly generous. This thesis rejects the view that retired pay is compensation for the sacrifices endured during a military career, and concludes that the benefits provided by the current system could be reduced and still remain fair to retirees. This thesis addresses the issue of fairness as it relates to changing military retired pay. Taxpayers, as well as retirees, are seen as central to the discussion of fairness. Determination of fairness is accomplished by examining the purposes of retired pay. Further evidence of the system's fairness (or unfairness) is provided by comparisons with other retirement plans. A final perspective on fairness is obtained by analyzing how military life has changed since the current system was instituted. Each perspective suggests that military retired pay is overly generous. This thesis rejects the view that retired pay is compensation for the sacrifices endured during a military career, and concludes that the benefits provided by the current system could be reduced and still remain fair to retirees.
Type
Thesis
Description
Series/Report No
Department
Management
Organization
Identifiers
NPS Report Number
Sponsors
Funder
NA
Format
67 p.
Citation
Distribution Statement
Rights
This publication is a work of the U.S. Government as defined in Title 17, United States Code, Section 101. Copyright protection is not available for this work in the United States.