By one estimate, between fiscal years 1995 and 2005, total compensation costs for current and former military personnel increased by almost 60 percent. The mili

As the defense burden borne by reserve forces has increased, more attention has been paid to differences between retirement systems for the reserve and active c

From the Wharton School, offering a comprehensive assessment of the political and financial dimensions of public-sector pensions from the colonial period until

Military pension policies are as old as the republic itself and reside at the intersection of American social, economic, and defense policy. But as the nation�

Chile’s pension system came under close scrutiny in recent years. This paper takes stock of the adequacy of the system and highlights its challenges. Chile’