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082 0 4 _a331.25/29135173
_221
049 _aMAIN
100 1 _aAsch, Beth J.
245 1 0 _aSeparation and retirement incentives in the federal civil service :
_ba comparison of the Federal Employees Retirement System and the Civil Service Retirement System /
_cBeth J. Asch, John T. Warner.
260 _aSanta Monica, CA :
_bRand,
_c1999.
300 _a1 online resource (xvii, 64 pages) :
_billustrations
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
500 _a"Prepared for the Office of the Secretary of Defense [by] National Defense Research Institute."
500 _a"MR-986-OSD"--Page 4 of cover.
504 _aIncludes bibliographical references (pages 63-64).
588 0 _aPrint version record.
520 _aIn 1987 a new retirement system, called the Federal Employees Retirement System (FERS), was introduced for federal civil service personnel. Some observers have hypothesized that FERS would alter the retirement and separation outcomes produced by FERS' predecessor, the Civil Service Retirement System (CSRS). This report compares the retirement and separation incentives embedded in FERS versus those in CSRS to see whether the incentives embedded in FERS are consistent with these hypotheses. It also examines which system is more generous in terms of providing greater expected net lifetime earnings and retirement wealth. To compare the systems, the authors compute expected net wealth associated with different separation and retirement ages for a representative individual. The authors also conduct sensitivity analyses to see how their comparisons differ under alternative assumptions. Finally, the authors use data on Department of Defense civil service personnel from fiscal year 1983 through fiscal year 1996 to examine empirically how separation rates differ for early and mid-career personnel under FERS and under CSRS.
506 _3Use copy
_fRestrictions unspecified
_2star
_5MiAaHDL
533 _aElectronic reproduction.
_b[S.l.] :
_cHathiTrust Digital Library,
_d2010.
_5MiAaHDL
538 _aMaster and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002.
_uhttp://purl.oclc.org/DLF/benchrepro0212
_5MiAaHDL
583 1 _adigitized
_c2010
_hHathiTrust Digital Library
_lcommitted to preserve
_2pda
_5MiAaHDL
590 _aeBooks on EBSCOhost
_bEBSCO eBook Subscription Academic Collection - Worldwide
610 2 0 _aCivil Service Retirement System (U.S.)
_0http://id.loc.gov/authorities/names/n84047170
610 2 0 _aFederal Employees' Retirement System (U.S.)
_0http://id.loc.gov/authorities/names/n88109468
610 2 7 _aCivil Service Retirement System (U.S.)
_2fast
_0(OCoLC)fst00590060
610 2 7 _aFederal Employees' Retirement System (U.S.)
_2fast
_0(OCoLC)fst00640786
651 0 _aUnited States
_xOfficials and employees
_xPensions.
_0http://id.loc.gov/authorities/subjects/sh85026412
650 0 _aEarly retirement incentives
_zUnited States.
650 7 _aBUSINESS & ECONOMICS
_xPersonal Finance
_xRetirement Planning.
_2bisacsh
650 7 _aGovernment employees.
_2dtict
650 7 _aRetirement (Personnel)
_2dtict
650 7 _aPersonnel management.
_2dtict
650 7 _aCompensation.
_2dtict
650 7 _aSalaries.
_2dtict
650 7 _aEarly retirement incentives.
_2fast
_0(OCoLC)fst00900666
650 7 _aPensions.
_2fast
_0(OCoLC)fst01057086
651 7 _aUnited States.
_2fast
_0(OCoLC)fst01204155
655 4 _aElectronic books.
655 0 _aElectronic books.
700 1 _aWarner, John T.
710 1 _aUnited States.
_bDepartment of Defense.
_bOffice of the Secretary of Defense.
_0http://id.loc.gov/authorities/names/n86019386
710 2 _aNational Defense Research Institute (U.S.)
_0http://id.loc.gov/authorities/names/n91060525
776 0 8 _iPrint version:
_aAsch, Beth J.
_tSeparation and retirement incentives in the federal civil service.
_dSanta Monica, CA : Rand, 1999
_z0833026895
_w(DLC) 98051689
_w(OCoLC)40408802
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