Accounting for Federal Retirement and Veterans' Benefits: Cash and Accrual Measures

Congressional Budget Office

No 55499, Reports from Congressional Budget Office

Abstract: Programs that provide benefits to retired federal civilian workers, retired military personnel, and veterans have long-term effects on the federal budget. The government’s cash payments for those benefits are reported in the budget as outlays when they are made—which means that the long-term costs of current decisions about those benefits are not reflected in the current budget deficit.

JEL-codes: G00 H50 H83 J32 J45 (search for similar items in EconPapers)
Date: 2019-09-10
New Economics Papers: this item is included in nep-age, nep-hrm and nep-ore
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