This report examines military compensation and its effects on recruitment, retention, and motivation. CBO also provides a comparison with civilian compensation packages and examines five possible approaches for altering the way that DoD compensates military personnel.
In 2016, members of the reserve component received an average of $12,500 in benefits (measured in 2018 dollars) under the Post-9/11 GI Bill. This report describes their use of those benefits and compares how the reserve and regular components use their benefits.
CBO examines the differences between cash and accrual accounting for federal retirement and veterans’ benefits, the information that the two types of estimates provide, and ways to expand the use of accrual measures for such benefits.
From 2010 through 2016, the Veterans Benefits Administration spent $65 billion on educational benefits for 1.6 million veterans, spouses and children, mostly for veterans’ tuition, fees, and housing. In 2016, VBA spent an average of $17,400 per beneficiary.
To help assess budgetary risks, CBO has projected spending by the Department of Veterans Affairs through 2028 under three scenarios, a modified version of CBO’s baseline and two other scenarios involving more rapid spending growth.