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Military Retirement Pay
Military retirement in the United States is a system of benefits designed to improve the quality and retention of personnel recruited to and retained within the United States military. These benefits are technically not a veterans pension, but a retainer payment, as retired service members are eligible to be reactivated. The United States has maintained a military retirement program in one form or another since the mid-1800s. The Blended Retirement System (BRS) is the current iteration of military retirement for the United States Armed Forces. The Blended Retirement System combines the defined-benefit retirement system known as "High-3" with an employer matching supplement. Service members on active duty prior to January 1, 2018 are eligible to continue service under the previous system or may elect to join the BRS. All new recruits to the United States military joining on or after January 1, 2018 will automatically be enrolled in the BRS. Military retirement prior to World War I ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States Military
The United States Armed Forces are the Military, military forces of the United States. U.S. United States Code, federal law names six armed forces: the United States Army, Army, United States Marine Corps, Marine Corps, United States Navy, Navy, United States Air Force, Air Force, United States Space Force, Space Force, and the United States Coast Guard, Coast Guard. Since 1949, all of the armed forces, except the Coast Guard, have been permanently part of the United States Department of Defense. They form six of the eight uniformed services of the United States. Each of the different military services is assigned a role and domain. The Army conducts land operations. The Navy and Marine Corps conduct maritime operations, the Marine Corps specializing in amphibious and maritime littoral operations primarily for supporting the Navy. The Air Force conducts air operations. The Space Force conducts space operations. The Coast Guard is unique in that it specializes in maritime opera ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Veteran's Pension (United States)
A veteran's pension or "wartime pension" is a pension for veterans of the United States Armed Forces, who served in the military but did not qualify for military retirement pay from the Armed Forces. It was established by the United States Congress and given to veterans who meet the eligibility requirements. Along with payments, they are also given additional benefits depending on their eligibility and needs. The veteran's pension system is managed by the Department of Veterans Affairs. Wartime pension, wartime period The veteran's pension is sometimes called the "wartime pension" due to a requirement that the veteran served at least one day during a U.S. wartime period. The Department of Veterans Affairpublishes a listof Eligible Wartime Periods for determining if the Veteran meets the wartime service criterion. As of February 2017 to determine eligibility for the veteran's pension the Veterans Administration recognizes the following wartime periods: * Mexican Border Period (M ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
World War II
World War II or the Second World War (1 September 1939 – 2 September 1945) was a World war, global conflict between two coalitions: the Allies of World War II, Allies and the Axis powers. World War II by country, Nearly all of the world's countries participated, with many nations mobilising all resources in pursuit of total war. Tanks in World War II, Tanks and Air warfare of World War II, aircraft played major roles, enabling the strategic bombing of cities and delivery of the Atomic bombings of Hiroshima and Nagasaki, first and only nuclear weapons ever used in war. World War II is the List of wars by death toll, deadliest conflict in history, causing World War II casualties, the death of 70 to 85 million people, more than half of whom were civilians. Millions died in genocides, including the Holocaust, and by massacres, starvation, and disease. After the Allied victory, Allied-occupied Germany, Germany, Allied-occupied Austria, Austria, Occupation of Japan, Japan, a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Up Or Out
Up or out, also known as a tenure or partnership system, is the requirement for members of a hierarchical organization to achieve a certain rank within a certain period of time. If they fail to do so, they must leave the organization. Examples Private sector "Up or out" is practiced throughout the accounting industry in North America, most notably at the Big Four accounting firms, which also practice this policy in their branches in other countries. Up or out is also practiced in the investment banking industry, where third-year analysts and third-year associates who will not be promoted are asked to leave the bank. The management consulting industry also practices up or out, where it is commonly regarded as a sign of the industry's "hard-nosed approach to doing business," with Bain & Co and McKinsey & Company being the two consultancies most closely associated with the approach. According to Leslie Perlow, up or out is also employed at Boston Consulting Group. Among m ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Library Of Congress
The Library of Congress (LOC) is a research library in Washington, D.C., serving as the library and research service for the United States Congress and the ''de facto'' national library of the United States. It also administers Copyright law of the United States, copyright law through the United States Copyright Office, and it houses the Congressional Research Service. Founded in 1800, the Library of Congress is the oldest Cultural policy of the United States, federal cultural institution in the United States. It is housed in three buildings on Capitol Hill, adjacent to the United States Capitol, along with the National Audio-Visual Conservation Center in Culpeper, Virginia, and additional storage facilities at Fort Meade, Fort George G. Meade and Cabin Branch in Hyattsville, Maryland. The library's functions are overseen by the librarian of Congress, and its buildings are maintained by the architect of the Capitol. The LOC is one of the List of largest libraries, largest libra ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Vietnam War
The Vietnam War (1 November 1955 – 30 April 1975) was an armed conflict in Vietnam, Laos, and Cambodia fought between North Vietnam (Democratic Republic of Vietnam) and South Vietnam (Republic of Vietnam) and their allies. North Vietnam was supported by the Soviet Union and China, while South Vietnam was supported by the United States and other anti-communist nations. The conflict was the second of the Indochina wars and a proxy war of the Cold War between the Soviet Union and US. The Vietnam War was one of the postcolonial wars of national liberation, a theater in the Cold War, and a civil war, with civil warfare a defining feature from the outset. Direct United States in the Vietnam War, US military involvement escalated from 1965 until its withdrawal in 1973. The fighting spilled into the Laotian Civil War, Laotian and Cambodian Civil Wars, which ended with all three countries becoming Communism, communist in 1975. After the defeat of the French Union in the First Indoc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Defense Authorization Act
The National Defense Authorization Act (NDAA) is any of a series of United States federal laws specifying the annual budget and expenditures of the U.S. Department of Defense. The first NDAA was passed in 1961. The U.S. Congress oversees the defense budget primarily through two yearly bills: the National Defense Authorization Act and defense appropriations bills. The authorization bill is the jurisdiction of the Senate Armed Services Committee and House Armed Services Committee and determines the agencies responsible for defense, establishes recommended funding levels, and sets the policies under which money will be spent. The appropriations bill provides funds. The passage of a Defense Authorization Act is often used by Congress to honor a senior congress member or other individual. For example, the National Defense Authorization Act for Fiscal Year 2001 is known as the "Floyd D. Spence National Defense Authorization Act for Fiscal Year 2001" in honor of Representative Floyd ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
World War I
World War I or the First World War (28 July 1914 – 11 November 1918), also known as the Great War, was a World war, global conflict between two coalitions: the Allies of World War I, Allies (or Entente) and the Central Powers. Fighting took place mainly in European theatre of World War I, Europe and the Middle Eastern theatre of World War I, Middle East, as well as in parts of African theatre of World War I, Africa and the Asian and Pacific theatre of World War I, Asia-Pacific, and in Europe was characterised by trench warfare; the widespread use of Artillery of World War I, artillery, machine guns, and Chemical weapons in World War I, chemical weapons (gas); and the introductions of Tanks in World War I, tanks and Aviation in World War I, aircraft. World War I was one of the List of wars by death toll, deadliest conflicts in history, resulting in an estimated World War I casualties, 10 million military dead and more than 20 million wounded, plus some 10 million civilian de ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
John McCain
John Sidney McCain III (August 29, 1936 – August 25, 2018) was an American statesman and United States Navy, naval officer who represented the Arizona, state of Arizona in United States Congress, Congress for over 35 years, first as a U.S. House of Representatives, Representative from 1983 to 1987, and then as a U.S. senator from Arizona, U.S. senator from 1987 until his death in 2018. He was the Republican Party (United States), Republican Party's nominee in the 2008 U.S. presidential election. McCain is a son of Admiral John S. McCain Jr. and grandson of Admiral John S. McCain Sr. He graduated from the U.S. Naval Academy in 1958 and Early life and military career of John McCain, received a commission in the U.S. Navy. McCain became a Naval aviator (United States), naval aviator and flew ground-attack aircraft from aircraft carriers. During the Vietnam War, he almost died in the 1967 USS Forrestal fire, 1967 USS ''Forrestal'' fire. While on a bombing mission during O ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Defense Authorization Act For Fiscal Year 2016
The National Defense Authorization Act for Fiscal Year 2016 (; NDAA 2016Pub.L. 114-92 is a United States federal law which specifies the budget and expenditures of the United States Department of Defense (DOD) for Fiscal Year 2016. Role of the bill To authorize appropriations for fiscal year 2016 for military activities of the Department of Defense and for military construction, to prescribe military personnel strengths for such fiscal year, and for other purposes. Bill vetoed On September 30, 2015, President Barack Obama threatened to veto the NDAA 2016. The reason for the veto threat by the Obama administration was that the bill bypassed the Budget Control Act of 2011 spending caps by allocating nearly $90 billion to the Overseas Contingency Operations (OCO) account, designating routine spending as emergency war expenses exempted from the caps. On October 22, 2015, Obama vetoed the bill. However, after changes it became S. 1356 (114th) which was signed by the President o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Defined Benefit Pension Plan
Defined benefit (DB) pension plan is a type of pension plan in which an employer/sponsor promises a specified pension payment, lump-sum, or combination thereof on retirement that depends on an employee's earnings history, tenure of service and age, rather than depending directly on individual investment returns. Traditionally, many governmental and public entities, as well as a large number of corporations, provide defined benefit plans, sometimes as a means of compensating workers in lieu of increased pay.Lemke and Lins, ''ERISA for Money Managers'', §1:1 (Thomson West, 2013). A defined benefit plan is 'defined' in the sense that the benefit formula is defined and known in advance. Conversely, for a " defined contribution retirement saving plan," the formula for computing the employer's and employee's contributions is defined and known in advance, but the benefit to be paid out is not known in advance. In the United States, specifies a defined benefit plan to be any pension p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
