Allocation Methods for Use in the Accrual of Manpower Costs.
Abstract
The purpose of this study is to evaluate alternative methods for accounting for the cost of military retirement benefits. The study identifies the recognized actuarial cost methods that are designed for use in allocating the cost of retirement benefits under accrual basis accounting. Specifically, an entry age normal actuarial cost method is identified as an alternative that can be utilized in applying accrual accounting to the military retirement system. The study demonstrates the application of an entry age normal method, on the individual basis and the aggregate basis, in calculating the annual cost of military retirement benefits for the active force. Either of the two basis is an acceptable method for accounting for the cost of retirement benefits. (Author)
Document Details
- Document Type
- Technical Report
- Publication Date
- Jun 01, 1983
- Accession Number
- ADA132216
Entities
People
- Steven G. Waterman
Organizations
- Naval Postgraduate School