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- catalog abstract "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.".
- catalog contributor b10771204.
- catalog contributor b10771205.
- catalog contributor b10771206.
- catalog contributor b10771207.
- catalog contributor b10771208.
- catalog created "1997.".
- catalog date "1997".
- catalog date "1997.".
- catalog dateCopyrighted "1997.".
- catalog description "Includes bibliographical references.".
- catalog description "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.".
- catalog extent "xix, 81 p. :".
- catalog identifier "0833024639 (alk. paper)".
- catalog issued "1997".
- catalog issued "1997.".
- catalog language "eng".
- catalog publisher "Santa Monica, Calif. : Rand,".
- catalog spatial "United States.".
- catalog subject "331.25/291/355 21".
- catalog subject "Federal Employees' Retirement System (U.S.)".
- catalog subject "Military pensions United States.".
- catalog subject "Pensions Computer simulation.".
- catalog subject "UB373 .A8623 1997".
- catalog title "Reforming the military retirement system / Beth J. Asch, Richard Johnson, John T. Warner.".
- catalog type "text".