A Presentation About Approaches to Changing Military Compensation
Presentation
Presentation by Carla Tighe Murray, a consultant to CBO and former senior analyst for CBO’s National Security Division, to the Military Manpower Roundtable.
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. In 2019, the Department of Defense (DoD) and the Department of Veterans Affairs together spent about $350 billion on compensation and benefits for current and former military personnel.
This presentation highlights the key findings of CBO’s report Approaches to Changing Military Compensation, which examines the spending on military compensation and its effects on recruitment, retention, and motivation. In addition, this presentation compares total military compensation with civilian compensation packages and examines five possible approaches, discussed in the report, for altering the way that DoD compensates military personnel.
