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Military retirement in the United States is a system of benefits designed to improve the quality and retention of personnel recruited to and retained within the United States military. These benefits are technically not a veterans pension , but a retainer payment, as retired service members are eligible to be reactivated.
A tombstone promotion is an advance in rank awarded at retirement. It is often an honorary promotion that does not include any corresponding increase in retired pay, whose only benefit is the right to be addressed by the higher rank and have it engraved on one's tombstone.
In the aftermath of World War II, Congress drafted legislation that attempted to address three (sometimes competing) objectives: create "uniform" rules for officer management between Army and Navy (and later Air Force), promote a "young and vigorous" officer corps, and retain the capacity to rapidly remobilize if necessary. [4]
Ballenstedt, Brittany R. "Obama backs 2 percent civilian pay raise, 2.9 percent for military." Government Executive. 26 February 2009. Berry, John. "January 2010 Pay Adjustments." Press release. United States Office of Personnel Management. Bureau of Labor Statistics. "Employment Cost Index – December 2009." 29 January 2010.
The 1978 act abolished the United States Civil Service Commission and created the U.S. Office of Personnel Management (OPM), the Federal Labor Relations Authority (FLRA) and the U.S. Merit Systems Protection Board (MSPB). The OPM primarily provides management guidance to the agencies of the executive branch and issues regulations that control ...
The US Army chief of staff promoted eight Army general officers on Thursday, marking nearly the end of the monthslong delay of general officer promotions and confirmations due to a hold by ...
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Employees hired after 1983 are required to be covered by the Federal Employees Retirement System (FERS), which is a three tiered retirement system with a smaller defined benefit (pension), Social Security, and a 401(k)-style system called the Thrift Savings Plan (TSP). The defined benefits of both the CSRS and the FERS systems are paid out of ...