A Contributory Retirement System For Military Personnel
Abstract
Military retired pay costs are increasing sharply. In fiscal year 1965 there were 462,000 military retirees receiving $1.4 billion. For fiscal 1976, the military retired population had more than doubled to 1.1 million members receiving about $6.9 billion. Proposed legislative reform of the military retirement system does not include a contributory feature. GAO reviewed and summarized the material available on the issue of a contributory military retirement system. This report identifies the advantages and disadvantages, the cost implications, and the issues to be resolved.
Document Details
- Document Type
- Technical Report
- Publication Date
- Mar 04, 1976
- Accession Number
- AD1177870
Entities
People
- Elmer B. Staats
Organizations
- United States Government Accountability Office