The Military Retirement System: Options for Change
Abstract
Pay to persons retired from military service is an important part of the package of compensation offered to career personnel in the U.S. military. After 20 years of service, the military careerist can retire and immediately start getting monthly checks equal to half the basic pay he got while on active duty. Furthermore, retirement pay is automatically adjusted for rises in the cost of living.
Document Details
- Document Type
- Technical Report
- Publication Date
- Jan 01, 1978
- Accession Number
- AD1135423
Entities
Organizations
- Congressional Budget Office