Contributions and Financial Reporting for the DoD Education Benefits Trust Fund

Abstract

The DoD Education Benefits Trust Fund (the Fund) was established by Public Law 98-525, the "Montgomery GI Bill Act of 1984," to fund education benefits for active and reserve military personnel. Each Service component contributes to the Fund based on a per capita rate developed by the Office of the DoD Actuary. In FY 1992, the Fund had revenue of $98.3 million and paid $170.4 million to 143,000 individual participants. The revenue consisted of $41.3 million of contributions from the Services and $57.0 million of interest earned on Department of the Treasury securities. As of September 30, 1992, the Fund had $692.3 million of assets.

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Document Details

Document Type
Technical Report
Publication Date
Mar 11, 1994
Accession Number
ADA375671

Entities

People

  • Donney J. Bibb
  • John M. Seeba
  • Raymond D. Kidd
  • Saundra G. Elion
  • Terry L. Mckinney

Organizations

  • Office of the Inspector General, U.S. Department of Defense

Tags

Communities of Interest

  • Human Systems

DTIC Thesaurus Topics

  • Active Duty
  • Air Force
  • Air National Guard
  • Business Administration
  • Computer Programs
  • Data Centers
  • Databases
  • Department Of Defense
  • Department Of Veterans Affairs
  • Education
  • Enlisted Personnel
  • Financial Management
  • Management Personnel
  • Military Personnel
  • National Guard
  • Naval Personnel
  • Personnel Management

Readers

  • Medical or Health Care Field.
  • Public Financial Management and Budgeting
  • Team-Based Human-Centered Cognitive Task Decision Making and Information Performance.