Download or read book A Cost Benefit Analysis of a Military Thrift Savings Plan written by Richard G. De Guzman and published by . This book was released on 2000-12-01 with total page 125 pages. Available in PDF, EPUB and Kindle. Book excerpt: The transition from defined benefit to defined contribution retirement plans represents the most significant change in both the private sector and civil service employee retirement systems in the last twenty years. The Thrift Savings Plan (TSP), a tax-deferred, defined contribution plan for federal civilian employees, was established in 1986 as part of the Federal Employee Retirement System. This thesis discusses the costs and benefits of a TSP plan for the uniformed services. The objective of the research addresses the costs of a military TSP. Government studies, periodicals, and the Internet were examined to identify the strengths and weaknesses of the federal TSP. Next, a probabilistic spreadsheet model using Monte Carlo simulation was developed to forecast deferred tax revenue, which represents the most significant cost associated with a military TSP. An analysis of the results indicates that the simulations come within 2.6 percent of the initial Department of Defense's forecast. On October 30, 2000, the National Defense Authorization Act for fiscal year 2001 was enacted. This act included a military TSP called the Uniformed Services Payroll Savings Plan. It is recommended that future cost estimates use probabilistic spreadsheet modeling to provide more relevant information to the decision making process.

Download or read book Testimony of the Military Compensation and Retirement Modernization Commission written by United States. Congress. Senate. Committee on Armed Services and published by . This book was released on 2015 with total page 836 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Department of Defense Authorization for Appropriations for Fiscal Year 2001 and the Future Years Defense Program written by United States. Congress. Senate. Committee on Armed Services and published by . This book was released on 2000 with total page 498 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Blended Retirement System written by Lightbulb Press and published by . This book was released on 2017-01-15 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: An introduction to the DoD's new BRS, with helpful information for servicemembers about whether to opt-in.

Download or read book Journal of the House of Representatives of the United States written by United States. Congress. House and published by . This book was released on 1990 with total page 1390 pages. Available in PDF, EPUB and Kindle. Book excerpt: Some vols. include supplemental journals of "such proceedings of the sessions, as, during the time they were depending, were ordered to be kept secret, and respecting which the injunction of secrecy was afterwards taken off by the order of the House."

Download or read book A Policy Analysis of Reserve Retirement Reform written by Beth J. Asch and published by Rand Corporation. This book was released on 2013 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: As the defense burden borne by reserve forces has increased, more attention has been paid to differences between retirement systems for the reserve and active components. This report analyzes the systems, discusses the importance of structuring compensation to enable management flexibility, considers obstacles and how they might be overcome, and provides a quantitative assessment of the reserve retention and cost effects of possible proposals.

Download or read book CBO s Analysis of the President s Fiscal Year 2000 Budget written by United States. Congress. House. Committee on the Budget and published by . This book was released on 1999 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Qualified Domestic Relations Order Handbook written by Gary A. Shulman and published by Wolters Kluwer. This book was released on 2006-01-01 with total page 2153 pages. Available in PDF, EPUB and Kindle. Book excerpt: Distilled from years of Fortune 500 consulting practice, Shulman's administrative tools and techniques in Qualified Domestic Relations Order Handbook help plan administrators streamline the entire QDRO review and compliance process, while cutting the risk of errors, penalties, and litigation. They include model policies and procedures, review checklists, staff training cases, and more. Contains new models and guidelines for drafting airtight QDROs that speed approval, maximize your clients' rights, and steer you through the malpractice minefields of ERISA and the IRC. Author Gary Shulman begins with QDRO basics, then dissects the key elements of defined contribution and defined benefits plans. He walks you through the preparation of QDROs for different plans and conditions -- using tested models and sample language. An entire chapter highlights 17 crucial malpractice traps, followed by checklists, attorney Q&A, and tips on working proactively with plan administrators.

Download or read book TSP Investing Strategies written by Lee Radcliffe and published by . This book was released on 2020-03-11 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Thrift Savings Plan is a tax-advantaged individual investing vehicle for U.S. military personnel and federal government employees. With among the lowest fees in the business and government matches of up to 5% of participant contributions, it is also one of the greatest mechanisms through which to build long-term wealth in the world! The 2nd edition of "TSP Investing Strategies," published in early 2020, features significant updates and 50% more material to the best-selling 1st edition published in 2011. While many books cover various topics related to personal finance and investing, very little has been written specifically on investing in the TSP or on how to incorporate investing in the various TSP funds with one's overall financial goals. This 2nd edition examines 100+ years of investing in stock and bond indexes similar to those in the TSP over rolling 20-, 30-, and 40-year periods and implications for TSP investors in any market environment. Drawing from a structured examination of long-term market data, "TSP Investing Strategies" provides context for investing during major market swings, from euphoria to market crashes, as well as average time it takes for a buy-and-hold investor to recover following major market declines. The book details approaches for individual participants to determine their own mix of investments based on personal risk tolerances. The book also examines the impact of dollar-cost averaging, the importance of reinvesting dividends, compound growth and the 'rule of 72, ' correlation coefficients among the TSP funds, structured approaches to rebalancing funds over time, and approaches to debt management and 529 college savings plans, among many other topics. And in a new "Strategy VI," the 2nd edition also details important and potentially money-saving topics related to insurance, wills and trusts, and online and TSP account security. An extremely accessible, easily understood primer that simply and precisely explains the options and what they mean, "TSP Investing Strategies," 2nd edition, establishes a comprehensive road map for TSP investors to build greater wealth over the long term. This is the go-to book for anyone currently serving in the U.S. military or federal government, and for friends and family service members as well

Download or read book Congressional Record written by and published by . This book was released on with total page 1440 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Technical Report written by and published by . This book was released on 2000 with total page 642 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Comparing the Costs of DoD Military and Civil Service Personnel written by Susan M. Gates and published by RAND Corporation. This book was released on 1998 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt: Examines the factors influencing the cost-effectiveness of civilianization--in particular, the way in which workforce substitution occurs, and the effects of substitution on the overall workforce.

Download or read book Developments in Aging written by United States. Congress. Senate. Special Committee on Aging and published by . This book was released on 2002 with total page 348 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Final Recommendations from the Military Compensation and Retirement Modernization Commission written by United States. Congress. House. Committee on Armed Services and published by . This book was released on 2015 with total page 110 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Hearings on National Defense Authorization Act for Fiscal Year 2000 H R 1401 and Oversight of Previously Authorized Programs Before the Committee on Armed Services House of Representatives One Hundred Sixth Congress First Session written by United States. Congress. House. Committee on Armed Services. Subcommittee on Military Personnel and published by . This book was released on 2000 with total page 1404 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Presidential Appointments Improvement Act of 2007 written by and published by Government Printing Office. This book was released on with total page 1476 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Defense Science Board Task Force on Human Resources Strategy written by United States. Defense Science Board. Task Force on Human Resources Strategy and published by DIANE Publishing. This book was released on 2000 with total page 142 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Department of Defense (DoD) employs more than three million people. Nearly half of its personnel, 1.44 million, are active duty military. About 870,000 Reservists, composed of 410,000 Selected Reservists and 460,000 National Guard personnel, add to the active duty force. Civilian personnel make up the remaining workforce, numbering about 730,000. These three million employees are supported by an array of defense contractors providing a wide variety of goods and services to the Department. Moreover, the Department spends more than half of its $270 billion budget on pay and allowances alone. With a workforce this large, varied, diverse, and important, it is not surprising that its management is a uniquely challenging undertaking. The human resource challenges facing DoD have changed rapidly over the last decade as a result of many factors. A robust economy, civilian sector competition for employees to fill high-technology positions, declining American public interest in public service, major changes in the Department's missions and operational tempo, and a significant downsizing of the Department's workforce are a few examples. Reducing the size of the overall workforce by more than a million personnel, from a high in 1987 of 4.1 million, has left in place a very different force distribution - in age, education, and skill.