Name: Pension Plan: Suggesting an Alternative Military Retirement System (en Inglés)
SKU: 59818328
Price: 23.11 USD
Availability: InStock
Author: Schroeder, John
ISBN: 9781288330744

portada Pension Plan: Suggesting an Alternative Military Retirement System (en Inglés)

Pension Plan: Suggesting an Alternative Military Retirement System (en Inglés)

Formato

Libro Físico

Autor

John Schroeder

Editorial

Biblioscholar

Idioma

Inglés

N° páginas

Encuadernación

Tapa Blanda

Dimensiones

24.6x18.9x0.2 cm

Peso

0.10 kg.

ISBN13

9781288330744

Categorías

Educación

Pension Plan: Suggesting an Alternative Military Retirement System (en Inglés)

John Schroeder (Autor) · Biblioscholar · Tapa Blanda

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Reseña del libro "Pension Plan: Suggesting an Alternative Military Retirement System (en Inglés)"

The Air Force is in the midst of a drawdown in order to pay for the recapitalization and modernization of its aging weapon systems. During such times of force restructuring, personnel policies must encourage the separation of those members who the service can most afford to lose. Unfortunately, the current military retirement system prevents the establishment of such policy. The 20-year vesting requirement handcuffs military leaders from actively managing the mid-career force. Additionally, in today's fiscally constrained environment, the defined benefit system fails to take advantage of investment returns from equity markets. The purpose of this research is to highlight problems with the current military retirement system and to suggest an alternative system that has the potential for significant cost savings and improved personnel management.By switching from a defined benefit system to a defined contribution system, members have the ability to invest their retirement dollars in market equities.