Download or read book The Military Guide to Financial Independence and Retirement written by Doug Nordman and published by . This book was released on 2011-06-16 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: You don't have to pursue another career in government or the corporate world once you leave the military. Indeed, if you understand your key military benefits as well as fine-tune your finances, you should be able to chart a new arid exciting post-military life! That's the central message running throughout this revealing book for servicemembers, veterans, and their families who want to become financially independent prior to committing themselves to full-time retirement and plan accordingly. Semi-retired at age 41 and enjoying life with his family on the beaches of Hawaii, the author outlines how military personnel can become happily semi-retired regardless of their age. Emphasizing the importance of family, lifestyle, and bridge careers, Doug Nordman goes a long Way in providing answers to one of today's most important questions for transitioning military - ôWhat do you want to do with the rest of your life?ö Dispelling numerous myths about military transition, finances, and retirement. He focuses on the two most important inflation-protected benefits military retirees and their families receive and can build upon for creating a financially independent and semi-retired lifestyle: military pension TRICARE health system He shows how to build a sound financial house based upon: military benefits investment portfolios part-time work savings bridge careers frugal living Filled with examples checklists, recommended websites, and a rich collection of appendices that deal with inflation, multiple income streams, and the value of a military, pension, this ground-breaking book is essential reading for anyone contemplating retiring from the military or jump-starting their post-military career in the direction of semi-retirement and/or full-time retirement Book jacket.
Download or read book Military Retirement written by Congressional Service and published by Createspace Independent Publishing Platform. This book was released on 2018-06 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: The military retirement system is a government-funded, noncontributory, defined benefit system that has historically been viewed as a significant incentive in retaining a career military force. The system currently includes monthly compensation for qualified active and reserve retirees, disability benefits for those deemed medically unfit to serve, and a survivor annuity program for the eligible survivors of deceased retirees. The amount of compensation is dependent on time served, basic pay at retirement, and annual Cost-of-Living-Adjustments (COLAs). Military retirees are also entitled to nonmonetary benefits including exchange and commissary privileges, medical care through TRICARE, and access to Morale, Welfare and Recreation (MWR) facilities and programs. Currently, active component personnel are eligible for retirement (i.e., vested) after completing 20 years of service (YOS). Reserve personnel are eligible for retirement after 20 years of creditable service based on a points system, but do not typically begin to draw retirement pay until age 60. A third category of retirement is disability retirement. In FY2016, approximately $57 billion was paid to 2.3 million military retirees and survivors. Given the size of the program, some have viewed military retirement as a place where substantial budgetary savings could be made. However, others have argued that past modifications intended to save money have had a deleterious effect on military recruiting and retention. Military retirees, families, and veterans' service organizations closely monitor potential changes to the retirement system. When considering alternatives to the current system, Congress may choose to consider the balance between military retirement system as a retention incentive, budget constraints, and the needs and concerns of their constituents.
Download or read book U S Army Retired Soldiers Handbook written by Soldier for Life- Retirement Services Office (U.S.) and published by Government Printing Office. This book was released on 2017-09 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt: This handbook provides guidance to U.S. Army retired soldiers and their families about their military status after retirement, benefits and privileges that they may be entitled. Some of the topics covered within this handbook include: MyArmyBenefits (MAB) Program, Change of Address Military Identification and Privilege Cards Military Treatment Facilities (MTFs) for Medical Care & TRICARE Military Installation Privileges- Stateside and Overseas Locating Former and Retired Soldiers Community Relations Army Emergency Relief Department of Veterans Affairs (VA) Benefits And much more Retired U.S. Army soldiers and their families may be interested in this retirement guide. Members of the ROTC Corps, and American citizens interested in enlisting within the U.S. Army also may be interested in this guide to comprehensive Army service benefits. Related products: Federal Benefits for Veterans, Dependents, and Survivors 2017 is available here:https://bookstore.gpo.gov/products/federal-benefits-veterans-dependents-and-survivors-2017 Information for Survivor Annuitants: Federal Employees Retirement System (FERS) is available here:https://bookstore.gpo.gov/products/information-survivor-annuitants-federal-employees-retirement-system-fers Applying for Deferred or Postponed Retirement Under the Federal Employees Retirement System FERS is available here:https://bookstore.gpo.gov/products/applying-deferred-or-postponed-retirement-under-federal-employees-retirement-system-fers
Download or read book Military Retirees Health Care written by United States. General Accounting Office and published by . This book was released on 1997 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Military Retirees written by Phillip Allman and published by Routledge. This book was released on 2019-01-22 with total page 203 pages. Available in PDF, EPUB and Kindle. Book excerpt: Past severe winters experienced in the United States, combined with escalated fuel prices and other unattractive conditions such as higher taxes, inflation, crime, urban decay, etc., have forced numerous American retirees south to more climatically favorable and economically amenable areas. Many have ventured into foreign lands in search of these amenities and some have established retirement residency in the nations south of our international border. Among these adventurous retiree migrants are significant numbers of American military retirees who have histories of extensive foreign travel and residence during their military careers. This book is about that migrant group and its settlement in Central America and parts of Mexico. It examines the places where these migrants have settled, determines why they have chosen those specific places for retirement, describes their characteristics, explains how the migration takes place, and discusses its consequences. Also, it provides a brief history of United States military personnel in foreign areas, with emphasis on the relationship between their frequent relocation and their propensity to migrate after retirement, and describes the world distribution of the 1.2 million members that comprise the military retiree population.
Download or read book Military retirees health care costs and other implications of options to enhance older retirees benefits report to the chairman and ranking minority member Subcommittee on Military Personnel Committee on National Security House of Representatives written by and published by DIANE Publishing. This book was released on with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Military Advantage 2012 Edition written by Terry Howell and published by Naval Institute Press. This book was released on 2012-05-02 with total page 444 pages. Available in PDF, EPUB and Kindle. Book excerpt: THE MILITARY ADVANTAGE, 2012 EDITION is the most up-to-date annual guide to military benefits for active duty service members, veterans, military retirees, and family members. These valuable benefits include billions of dollars in scholarships, educational benefits, home loan guarantees, and military discounts. This year THE MILITARY ADVANTAGE provides detailed information about the following key benefit changes: *GI Bill Housing Stipend Payments for Online Students *Education Benefits for Active-Duty and Dependents *GI Bill Tuition and Fee Coverage *GI Bill Benefits to Cover Vocational Training *Cost-of-Living Adjustment for Retirees and Vets *TRICARE Premiums and Co-Pays *Pay Raises for 2012 *And much, much more... THE MILITARY ADVANTAGE is published in partnership with Military.com, the nation s largest military membership organization.
Download or read book An Overview of Past Proposals for Military Retirement Reform written by John Christian and published by Rand Corporation. This book was released on 2006 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt: By one estimate, between fiscal years 1995 and 2005, total compensation costs for current and former military personnel increased by almost 60 percent. The military retirement benefit remains a significant portion of these costs, and every change to accessions, retention, and basic pay today will have a future effect on pension expenditures. This technical report provides an overview of the history of U.S. military retirement studies and associated legislation, with a particular focus on the past 60 years of proposed reforms. It is organized around the following five major issues that have driven attempts at retirement system reform: cost, equity, selective retention, civilian comparability, and force management flexibility. The author finds that cost alone is reason to analyze the current retirement system, and reform proposals of the past have focused carefully on cost. However, he also finds that, as the military's mission evolves over time, it is also important to consider the sometimes subtle incentive effects that the retirement system has on service member behavior. Beyond considerations of cost, reform of the military retirement system necessarily involves ramifications for force structure and operational readiness.
Download or read book Retired pay information written by and published by . This book was released on 1983 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Civilian Health Insurance Options of Military Retirees written by Louis T. Mariano and published by Rand Corporation. This book was released on 2007 with total page 139 pages. Available in PDF, EPUB and Kindle. Book excerpt: Pilot survey of military retirees provides useful information on retirees' health care status, civilian health insurance enrollment, and reliance on TRICARE, the Department of Defense sponsored health care plan. Findings suggest that retirees with civilian health insurance also continue to rely on TRICARE for medical and drug coverage and that higher premiums for civilian health insurance may cause them to shift entirely to TRICARE.
Download or read book Military Retirement written by John S. McNeil and published by Rl Innactive Titles. This book was released on 1983 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt: To find more information about Rowman and Littlefield titles, please visit www.rowmanlittlefield.com.
Download or read book Military Pay Benefits and Retirement written by John V. Lund and published by Nova Publishers. This book was released on 2004 with total page 130 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recruiting and career retention remain valid and important concerns of the US Congress and the Executive Branch in a world where the US has become involved in many military engagements in recent years with more apparently on the horizon. This book deals with the questions of pay levels, health care, retirement benefits and other aspects of the military experience. These issues take on even more significance with a military which has been downsized in numbers and upsized in electronic technology. Contents: Preface, Military Pay and Benefits; Military Health Care; Military Medical Care Services; Veterans' Pensions: Fact Sheet; Military Retirement: Major Legislative Issues; Military Technicians: The Issue of Mandatory Retirement for Non-Dual-Status Technicians. Subject Index.
Download or read book Military Retirement written by Brian Parker and published by . This book was released on 2021-04-17 with total page 150 pages. Available in PDF, EPUB and Kindle. Book excerpt: A practical guide to navigating the military's convoluted retirement process.Congratulations on your retirement! Like most of us, you likely thought you'd give the military a few years to see how things went. But now, here you are. You're preparing to retire and begin the next stage of your life. Time to get out that retirement checklist and begin working through it.What's that? You don't have a checklist? That's okay, the Army has one for you. Oh wait. No, they don't.I was surprised when I found out that there isn't a comprehensive roadmap for the retirement process. Military Retirement: A Modern Guide to Navigating the Army Retirement System was born from that frustration as I went through the process and collected my thoughts into a series of emails to colleagues. This in-depth guide includes: -Retirement Packet - We show you the requirements, with examples for your packet.-Military Medical - Discussed in depth, this may be the most important aspect of your retirement.-SFL-TAP - You're required to go through this transition program, we'll show you how to make the most of it.-Retirement Services - Who are they and what is their role?-Finances - Are you prepared to retire? Find out in this section as we break down the realities of your military retired pay.-The Department of Veterans Affairs - The VA is a wonderful, yet confusing, agency. We give you tips on how to get through their system when filing your disability compensation claim.-Your Second Career - If you decide to work after you retire, you may need some significant assistance getting yourself ready for the civilian world. Be sure to check this section out!-Retirement Checklist - Even if you only have a few minutes of spare time, the retirement checklist provided in this guide will help to set you up for success!Get an inside look at the retirement process through the recent, real-world experience of the author as he answers the questions that you didn't even know you had, and those that instructors at SFL-TAP simply don't know the answer to.
Download or read book The Military Retirement System written by United States. Congressional Budget Office and published by . This book was released on 1978 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'The New Politics of Race' brings together Winant's new and previously published essays to form a comprehensive picture of the origins and nature of the complex racial politics that engulf us today.
Download or read book Wage Growth in the Civilian Careers of Military Retirees written by David S. Loughran and published by Minnesota Historical Society. This book was released on 2002 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt: More than 20,000 individuals retire each year from the United Statesmilitary who are eligible to receive a guaranteed annuity amounting to halfor more of their basic military pay. Separating from the military at anaverage age of 43, the overwhelming majority of these retirees enter secondcareers in the civilian sector. This book addresses three importantquestions about the civilian labor market experience of military retirees:How do the wages of military retirees upon separation compare with those ofcomparably experienced and educated civilians? Do military retirees enjoyhigher relative wage growth over their second careers than their civilianpeers? Is the transition to civilian employment a difficult process formilitary retirees? The author finds that military retirees earnsubstantially lower wages than their civilian peers upon entering thecivilian labor market and, moreover, the wages of military retirees remainlow relative to civilian wages even as retirees gain civilian labor marketexperience.
Download or read book Military Retirement Benefits in Divorce written by Marshal Willick and published by American Bar Association. This book was released on 1998 with total page 398 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Military Retirement written by Charles A. Henning and published by DIANE Publishing. This book was released on 2011 with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a print on demand edition of a hard to find publication. 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. Congress grapples with constituent concerns as well as budgetary constraints when considering military retirement issues. While congressionally mandated changes to the military retirement system have been infrequent, any potential future changes are closely monitored by current and future retirees, and the vets¿ service org. who support them. Contents of this report: (1) Overview; (2) Three Systems, Different Retired Pay Calculations; (3) Retired Pay and the Cost-of-Living Allowance (COLA); (4) Military Retirement Budgeting and Costs; (5) Reforming the Military Retirement System. Tables.
