"Recently, many state governments have legislated reductions in teachers' retirement benefits for new and future employees as a means of addressing the large unfunded liabilities of their pension plans. However, there is little existing capacity to predict how these unprecedented pension...

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 components. This report analyzes the systems, discusses the importance of structuring compensation to enable management flexibility,...

Since the publication of Volume 1 of the Handbook of Defense Economics , key events have shaped the defense manpower research agenda and called for research to help policymakers deal with the challenges that these factors presented. One event was the end of the Cold War, which permitted drastic...