Reinventing military retirement
Pyle, Mark D.
Doyle, Richard B.
MetadataShow full item record
The thesis examines the possibility of applying private sector retirement plan principles to the military retirement system. The increasing cost and generosity of military retirement coupled with political pressures to reduce federal spending have focused attention on reforming the military retirement system. Previous studies of the military retirement system are addressed and critiqued. Private retirement options are reviewed and a 401(k) plan is proposed to replace the current military retirement system. The new retirement system would eventually reduce federal outlays for military retirement by 66 percent while covering all service members. The role of retirement compensation in shaping force structure and retention are addressed. The thesis concludes that privatizing military retirement is feasible and less costly than the current military retirement system while still meeting most of the objectives of military retirement compensation.
RightsThis 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.
Showing items related by title, author, creator and subject.
An historical analysis and comparison of the military retirement system and the federal employee retirement system Breth, Bruce R. (Monterey, California. Naval Postgraduate School, 1998-06);The most significant change to private sector as well as civil service employee retirement systems over the past 15 years has been the transition from defined benefit to defined contribution retirement plans. This trend ...
MacDonald, David J. (Monterey, California. Naval Postgraduate School, 1998-09);Changes to the military retirement system in the 1980's and attention by law makers, military leadership, and service members to pay comparability between the private sector and the military indicate that current military ...
The potential effects of the Defense Business Board military compensation task groups 2011 recommendations on active-duty service member retirement Schneider, Jason C.; Ebuen, Neil L. (Monterey, California. Naval Postgraduate School, 2012-12);In July 2011, the Defense Business Board (DBB) made recommendations to the Secretary of Defense for modernizing the military retirement system. If implemented, the plan would significantly modify military retirement as it ...