Military Retirement Fund Audited Financial Statements. Fiscal Year 2011
Abstract
The reporting entity is the Department of Defense (DoD) Military Retirement Fund (MRF). The Military Retirement System (MRS) provides benefits for military members retirement from active duty and from the reserves, disability retirement benefits, and optional survivor coverage. The mission of the MRF is to accumulate adequate funds to finance, on an actuarially sound basis, the liabilities of DoD under military retirement and survivor benefit programs. Statutorily, military retirees are entitled to either retired pay or retainer pay as opposed to a pension. For purposes of these statements, however, the terms can be used interchangeably.
Document Details
- Document Type
- Technical Report
- Publication Date
- Nov 04, 2011
- Accession Number
- ADA596513
Entities
Organizations
- Office of the Inspector General, U.S. Department of Defense