Date of Award

3-1993

Document Type

Thesis

Degree Name

Master of Science in Operations Research

Department

Department of Operational Sciences

First Advisor

Thomas F. Schuppe, PhD

Abstract

This research studies possible changes to the current military retirement system. The current military retirement system refers to the system provided under the Military Reform Act of 1986, A new system is proposed which would provide the retiree with four options. Option 1 would provide a pay annuity and medical benefits to the retiree (this is the current system). Option 2 would provide a pay lump sum in place of the, annuity and would offer medical benefits. Option 3 would offer the pay annuity but give a medical lump sum amount in place of the medical benefit. Finally, option 4 would provide both a pay and a medical lump sum amount. The research investigates the total cost to the government to decide whether the proposed system would be more economical than the current system. In addition, the lump sum amounts a retiree would receive are calculated for different benefit levels.

AFIT Designator

AFIT-GOR-ENS-93M-1

DTIC Accession Number

ADA262604

Comments

The author's Vita page is omitted.

Download

Share

COinS