Military Personnel: DOD has Taken Steps to Address Servicemembers Financial Needs, but Additional Effort is Warranted

Abstract

DOD data suggests that deployment status does not affect the financial condition of active duty servicemembers, although some deployed servicemembers faced certain problems. Data from a 2003 DOD-wide survey suggests that servicemembers who were deployed for at least 30 days reported similar levels of financial health or problems as those who had not deployed. For example, of junior enlisted personnel, 3 percent of the deployed group and 2 percent of the nondeployed group indicated that they were in "over their heads" financially; and 13 percent of the deployed group and 15 percent of the nondeployed group responded that they found it "tough to make ends meet but keeping your head above water" financially.

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Document Details

Document Type
Technical Report
Publication Date
May 18, 2006
Accession Number
AD1157039

Entities

People

  • Jack R. Edwards
  • Valerie C. Melvin

Organizations

  • United States Government Accountability Office

Tags

Communities of Interest

  • Human Systems

DTIC Thesaurus Topics

  • Active Duty
  • Commerce
  • Department Of Defense
  • Enlisted Personnel
  • Families (Human)
  • Financial Management
  • Governments
  • Law
  • Management Training
  • Military Personnel
  • Money
  • National Governments
  • Personnel Management
  • Training
  • United States Government
  • Warfare
  • Websites

Readers

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