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Seeking permission the effect of changing the opt out procedure for the military survivor benefit plan Amanda C. Stype

By: Stype, Amanda C.
Material type: ArticleArticlePublisher: 2017Subject(s): EJERCITO | PENSIONES DE JUBILACIÓN | PRESTACIONES SOCIALES | ESTADOS UNIDOS In: National tax journal v. 70, n. 1, March 2017, p. 133-152Summary: This paper examines whether a policy change that required retiringmarried service members to obtain spousal permission to opt out o f survivor benefits, similar to a provision in the Retirement Equity Act o f 1984, affected the decision to enroll in the Survivor Benefit Plan. Using administrative data onmilitary retirees, 1find that those retiring after the enactment o f the policyare approximately 7 percent- iage points more likely to choose pension survivor benefits, with the increase in enrollment larger among enlisted personnel. This study contributes to the growing literature regarding how arguably minor policy changes substantially affect pensionenrollment behavior.
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Disponible también en línea a través de la Biblioteca del Instituto de Estudios Fiscales. Resumen. Conclusión. Bibliografía.

This paper examines whether a policy change that required retiringmarried service members to obtain spousal permission to opt out o f survivor benefits, similar to a provision in the Retirement Equity Act o f 1984, affected the decision to enroll in the Survivor Benefit Plan. Using administrative data onmilitary retirees, 1find that those retiring after the enactment o f the policyare approximately 7 percent- iage points more likely to choose pension survivor benefits, with the increase in enrollment larger among enlisted personnel. This study contributes to the growing literature regarding how arguably minor policy changes substantially affect pensionenrollment behavior.

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