Reforming the Military Retirement System

By: Beth J. Asch, Richard Johnson, John T. Warner

Write A Review

Paperback | 1 March 1998

At a Glance

Paperback
89 Pages

Dimensions(cm)
22.3 x 14.53 x 0.71

Paperback

$43.25

or 4 interest-free payments of $10.81 with

or

Aims to ship in 10 to 15 business days

The authors summarize the principal features of a model of military compensation developed by the authors earlier and use it to analyze the effects of converting the current military retirement system to an alternative system patterned after the Federal Employees Retirement System. The three parts of the alternative system are a retirement plan similar to that for civil service employees, a 7 percent across-the-board pay increase to counteract mandatory contributions under the new plan, and a set of retention bonuses targeted to address any retention problems. Because the alternative system may not create the services' desired seniority profiles, a larger set of pay raises, retention bonuses, and/or separation payments would be added. In addition, the authors recommend that pay raises be skewed--be higher in the higher ranks. The authors consider the implications of this proposal in terms of the effects on cost, force size and structure, productivity, and force management flexibility.

Shipping

	Standard Shipping	Express Shipping
Metro postcodes:	$9.99	$14.95
Regional postcodes:	$9.99	$14.95
Rural postcodes:	$9.99	$14.95

How to return your order

At Booktopia, we offer hassle-free returns in accordance with our returns policy. If you wish to return an item, please get in touch with Booktopia Customer Care.

Additional postage charges may be applicable.

Defective items

If there is a problem with any of the items received for your order then the Booktopia Customer Care team is ready to assist you.

For more info please visit our Help Centre.

More in Military Engineering

The Art of War : Complete Texts and Commentaries - Sun Tzu

$49.25

18%
OFF

The Art of War & Other Classics of Eastern Philosophy

Leather-bound Classics

Leather Bound Book

RRP $49.99

$38.75

22%
OFF

Musashi's Book of Five Rings : The Definitive Interpretation of Miyamoto Musashi's Classic Book of Strategy - Miyamoto Musashi

$64.35

The Encyclopedia of Aircraft of World War II

Paperback

RRP $80.99

$76.95

The New Makers of Modern Strategy

From the Ancient World to the Digital Age

Hardcover

RRP $79.99

$55.95

30%
OFF

Enduring Alliance

A History of NATO and the Postwar Global Order

Hardcover

RRP $66.00

$62.75

GPS Declassified

From Smart Bombs to Smartphones

Paperback

RRP $90.00

$85.50

On War

Penguin Classics

Paperback

RRP $29.99

$27.90

Patterns of War Since the Eighteenth Century

Paperback

RRP $46.95

$44.75

Prisoner of War Escape & Evasion

How to Survive Behind Enemy Lines from the World's Elite Forces

Paperback

RRP $34.99

$33.25

Hitler's Secret Weapons

Facts and Data for Germany's Special Weapons Programme

Paperback

RRP $45.99

$35.75

22%
OFF

Modern Military Aircraft

Development, Weaponry, Specifications

Flexi Bound Book

RRP $29.99

$28.50

SAS and Special Forces Mental Toughness Training

How to Improve your Mind's Strength and Manage Stress

Paperback

RRP $45.99

$43.75

History of the Panzerwaffe

Volume 2 : 1943-45

Hardcover

RRP $98.50

$74.75

24%
OFF

Camouflage at War

An Illustrated Guide from 1914 to the Present Day

Hardcover

RRP $45.99

$22.50

51%
OFF

Rifles & Muskets

From 1450 to the Present Day

Hardcover

RRP $59.99

$30.25

50%
OFF

From War Room to Living Room

Everyday Innovations from the Military

Hardcover

RRP $110.00

$83.75

24%
OFF

What Do We Know about War?

Paperback

RRP $99.00

$82.95

16%
OFF

One Bullet Away

The Making of a US Marine Officer

Paperback

RRP $26.99

$25.75

The Wizards of Armageddon

Stanford Nuclear Age Series

Paperback

RRP $61.75

$46.25

25%
OFF

Special Forces in Action

Elite forces operations, 1991-2011

Paperback

RRP $34.99

$29.90

15%
OFF

German Assault Guns and Tank Destroyers 1940 - 1945

Images of War

Paperback

RRP $44.99

$32.35

28%
OFF

Preface	p. iii
Figures	p. vii
Tables	p. ix
Summary	p. xi
Acknowledgments	p. xix
Introduction	p. 1
Overview of MFERS	p. 7
Basic Benefit Plan	p. 7
Thrift Savings Plan	p. 9
Social Security Benefits	p. 10
Coupling MFERS with a Pay Raise	p. 10
Differences Between MFERS and FERS	p. 10
Transitioning to MFERS	p. 11
Overview of the Theoretical and Empirical Models	p. 13
Theoretical Model	p. 13
Organizational Objectives	p. 13
Individual Productivity	p. 14
Individual Decisionmaking	p. 15
Organizational Policies	p. 20
Empirical Model Overview	p. 25
Retention and Force Structure	p. 26
Computing Ability and Effort Supply	p. 31
Cost Analysis	p. 34
Estimating the MFERS Retirement Annuity	p. 35
Modeling the Transition to MFERS	p. 36
Steady-State Results	p. 39
The Current Military Retirement System: REDUX	p. 39
MFERS without a Pay Raise	p. 41
MFERS with an Across-the-Board Pay Raise	p. 43
MFERS with a Skewed Pay Raise	p. 45
Results for the Transition to the Steady State	p. 51
Theoretical Effects	p. 51
Grandfathering	p. 51
Converting Members	p. 52
Results	p. 54
Other Considerations	p. 61
Force Management Flexibility	p. 61
Involuntary Separation	p. 66
Portability	p. 68
Force Stability	p. 69
Conclusions and Policy Options	p. 71
MFERS with Retention Bonuses	p. 73
Policy Options	p. 74
References	p. 79
Table of Contents provided by Syndetics. All Rights Reserved.

Reforming the Military Retirement System

At a Glance

Paperback

Shipping

How to return your order

Defective items

You Can Find This Book In

More in Military Engineering

The Art of War

Complete Texts and Commentaries

The United States Space Force

Space, Grand Strategy, and U.S. National Security

The Art of War & Other Classics of Eastern Philosophy

Leather-bound Classics

Musashi's Book of Five Rings

The Definitive Interpretation of Miyamoto Musashi's Classic Book of Strategy

Desert Armour

Tank Warfare in North Africa: Gazala to Tunisia, 1942-43

The Encyclopedia of Aircraft of World War II

The New Makers of Modern Strategy

From the Ancient World to the Digital Age

Enduring Alliance

A History of NATO and the Postwar Global Order

GPS Declassified

From Smart Bombs to Smartphones

On War

Penguin Classics

Patterns of War Since the Eighteenth Century

Prisoner of War Escape & Evasion

How to Survive Behind Enemy Lines from the World's Elite Forces

Hitler's Secret Weapons

Facts and Data for Germany's Special Weapons Programme

Modern Military Aircraft

Development, Weaponry, Specifications

SAS and Special Forces Mental Toughness Training

How to Improve your Mind's Strength and Manage Stress

History of the Panzerwaffe

Volume 2 : 1943-45

Camouflage at War

An Illustrated Guide from 1914 to the Present Day

Rifles & Muskets

From 1450 to the Present Day

From War Room to Living Room

Everyday Innovations from the Military

What Do We Know about War?

One Bullet Away

The Making of a US Marine Officer

The Wizards of Armageddon

Stanford Nuclear Age Series

Special Forces in Action

Elite forces operations, 1991-2011

German Assault Guns and Tank Destroyers 1940 - 1945

Images of War

This product is categorised by

Popular Searches