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Accession Number:
AD1085146
Title:
Toward Efficient Military Retirement Accrual Charges
Report Date:
2017-01-01
Abstract:
The retirement accrual charge system introduced in 1984 brought visibility to the military retirement liability resulting from personnel policy decisions to ensure that future military retirement benefits would be funded. However, because it mandates a single accrual charge rate for all services, the system sends inaccurate signals of the total and marginal costs of the accruing liability to decision makers. This makes the total costs of the liability accruing to the Army, Navy, and Marine Corps active components (ACs) look higher than they are in reality, and the cost of the liability accruing to the Air Force AC looks lower.
Document Type:
Conference:
Journal:
Pages:
101
File Size:
0.50MB
Contracts:
Grants:
Distribution Statement:
Approved For Public Release
