Military Retirement: Background and Recent Developments

Abstract

The military retirement system is a non-contributory, defined benefit system that has historically been viewed as a significant incentive in retaining a career military force. The system currently includes monthly compensation and benefits after an active or reserve military career, disability retirement for those physically unfit to continue to serve, and survivor benefits for the eligible survivors of deceased retirees. The monthly retirement annuity is adjusted annually by a Cost-of-Living Allowance (COLA) to ensure that the annuity is protected from the adverse consequences of inflation. Military retirees are also entitled to non-monetary benefits which include exchange and commissary privileges, medical care through TRICARE, and access to Morale, Welfare and Recreation facilities and programs.

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Document Details

Document Type
Technical Report
Publication Date
Nov 17, 2008
Accession Number
ADA490437

Entities

People

  • Charles A. Henning

Organizations

  • Library of Congress

Tags

Communities of Interest

  • Biomedical

DTIC Thesaurus Topics

  • Accounting
  • Active Duty
  • Department Of Defense
  • Federal Budgets
  • Governments
  • Health Care
  • Marine Corps
  • Military Medicine
  • Military Operations
  • Military Personnel
  • National Governments
  • National Security
  • Personnel Management
  • President (United States)
  • Recreation
  • Social Security
  • United States Government

Readers

  • Economics
  • Military Mobilization and Reserve Forces Studies.
  • Rehabilitation and Prosthetic Care for Military Service Members and Veterans with Limb Loss or Disability.