Accession Number : ADA262604


Title :   Cost Constrained Improvements to the Military Retirement System


Descriptive Note : Master's thesis


Corporate Author : AIR FORCE INST OF TECH WRIGHT-PATTERSONAFB OH


Personal Author(s) : Brown, Cynthia A


Full Text : https://apps.dtic.mil/dtic/tr/fulltext/u2/a262604.pdf


Report Date : Mar 1993


Pagination or Media Count : 126


Abstract : This research studies possible changes to the current military retirement system. The current military retirement system refers to the system provided under the Military Reform Act of 1986, A new system is proposed which would provide the retiree with four options. Option 1 would provide a pay annuity and medical benefits to the retiree (this is the current system). Option 2 would provide a pay lump sum in place of the, annuity and would offer medical benefits. Option 3 would offer the pay annuity but give a medical lump sum amount in place of the medical benefit. Finally, option 4 would provide both a pay and a medical lump sum amount. The research investigates the total cost to the government to decide whether the proposed system would be more economical than the current system. In addition, the lump sum amounts a retiree would receive are calculated for different benefit levels.... Retirement, Costs, Military, Retirees, Healthcare.


Descriptors :   *COST ANALYSIS , *RETIREMENT , *MEDICAL SERVICES , MILITARY PERSONNEL , COSTS , SALARIES , BENEFITS , ADDITION


Subject Categories : Administration and Management
      Economics and Cost Analysis


Distribution Statement : APPROVED FOR PUBLIC RELEASE