About | HeinOnline Law Journal Library | HeinOnline Law Journal Library | HeinOnline

LOG IN
LOG IN


FPCD-76-43 1 (1976-03-04)

handle is hein.gao/gaobaabnt0001 and id is 1 raw text is: REPORT TO THE CHAIRMAN UNITED STATES OF THE TASK FORCE GEEneRAL CCOUNTAG OFFC n AT AT W)TITAT lT 1 W.1.M, SENATE BUDGET COMMITTEE LIBRARY s .'7 BY THE COMPTROLLER GENERAL OF THE UNITED STATES I III9II993II)I I)I 1)1l11/I I )IIii I - LM099938 A Contributory Retirement System For Military Personnel Department of Defense Military retired pay costs are increasing sharply. In fiscal year 1965 there were 462,000 military retirees receiving $1.4 bil!ion. For fiscal 1976, the military retired population had more than doubled to 1.1 million members receiving about $6.9 billion. Proposed legislative reform of the military retirement system does not include a contrib- utory feature. GAO reviewed and summarized the material available on the issue of a con- tributory military retirement system. This report identifies the advantages and disad- vantages, the cost implications, and the issues to be resolved. FPC-7643''' S-..M. MARCH 4,197 F PCD-75-43 IZ , r1 U 4Co~qx 6