Approaches to Changing Military Compensation

Congressional Budget Office

No 55648, Reports from Congressional Budget Office

Abstract: The Department of Defense (DoD) and the Department of Veterans Affairs together spent about $350 billion in 2019 on compensation and benefits for current and former military personnel. Compensation for military personnel is a mix of cash earnings and noncash benefits received while they are serving, as well as the deferred pay and benefits they may receive after they leave.

JEL-codes: D15 H51 H52 H55 H56 I13 I22 I28 J26 J31 J32 J33 J38 J45 (search for similar items in EconPapers)
Date: 2020-01-14
New Economics Papers: this item is included in nep-lma
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