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Committee Detail

Note: An Annual Comprehensive Review, as required by §7 of the Federal Advisory Committee Act, is conducted each year on committee data entered for the previous fiscal year (referred to as the reporting year). The data for the reporting year is not considered verified until this review is complete and the data is moved to history for an agency/department. See the Data From Previous Years section at the bottom of this page for the committee’s historical, verified data.


DOD - 417 - Department of Defense Education Benefits Board of Actuaries - Statutory (Congress Created)
Hide Section - GENERAL INFORMATION

GENERAL INFORMATION

Committee NameDepartment of Defense Education Benefits Board of ActuariesAgency NameDepartment of Defense
Fiscal Year2008Committee Number417
Original Establishment Date10/19/1984Committee StatusTerminated
Actual Termination Date3/14/2008Committee URL 
New Committee This FYNoPresidential Appointments*No
Terminated This FYYesMax Number of Members*3
Current Charter Date1/4/2008Designated Fed Officer Position Title*Designated Federal Officer
Date Of Renewal Charter1/4/2010Designated Federal Officer PrefixMs.
Projected Termination Date3/14/2008Designated Federal Officer First Name*Inger
Exempt From Renewal*NoDesignated Federal Officer Middle NameM.
Specific Termination AuthoritySection 906 of Public Law 110-181Designated Federal Officer Last Name*Pettygrove
Establishment Authority*Statutory (Congress Created)Designated Federal Officer Suffix
Specific Establishment Authority*10 U.S.C. Sec 2006Designated Federal Officer Phone*(703) 696-7413
Effective Date Of Authority*10/19/1984Designated Federal Officer Fax*(703) 696-4110
Exempt From EO 13875 Discretionary Cmte Designated Federal Officer Email*pettygim@osd.pentagon.mil
Committee Type*Continuing
Presidential*No
Committee Function*Scientific Technical Program Advisory Board
Hide Section - RECOMMENDATION/JUSTIFICATIONS

RECOMMENDATION/JUSTIFICATIONS

Agency Recommendation*Terminate
Legislation to Terminate RequiredYes
Legislation StatusEnacted
How does cmte accomplish its purpose?*The Education Benefits Board sets the per capita amounts to be contributed to the Education Benefits Fund for Chapter 30 and Chapter 1606 benefits. It also determines the payment to be made by Treasury into the Fund to amortize the unfunded liability. The information is communicated to the SecDef and USD(Comptroller) in letters from the Board.
How is membership balanced?*The Board consists of three members appointed by the Secretary of Defense. All three Board members are Fellows of the Society of Actuaries. They are experts in the funding of fringe benefits. There is no particular point of view represented other than sound benefits financing.
How frequent & relevant are cmte mtgs?*The Education Board holds one open meeting annually. These meetings are necessary to promulgate the unfunded liability payments and per capita normal cost amounts to be used in calculating the accrual cost contributions into the Education Benefits Fund. This is also an opportunity for the Board to learn about and discuss issues affecting military education benefits.
Why advice can't be obtained elsewhere?*Required by 10 U.S.C. 2006, the Board is an independent activity which assists the Secretary of Defense on actuarial matters associated with the DoD Education Benefits Fund. The Board members generally come from private industry, where they earn extremely high salaries for their level of expertise. The Board members are paid at the hourly rate of a GS-15, Step 10, which is far below what we would have to pay consultants for the same quality of advice.
Why close or partially close meetings?All meetings of the Board are open.
Recommendation RemarksSection 906 of Public Law 110-181 terminates the committee and merges its functions into a new advisory committee. The committee had no meetings this fiscal year and submitted no advice or recommendations to the government's decisionmaker.
Hide Section - PERFORMANCE MEASURES

PERFORMANCE MEASURES

Outcome Improvement To Health Or Safety*NoAction Reorganize Priorities*Yes
Outcome Trust In GovernmentYesAction Reallocate ResourcesYes
Outcome Major Policy ChangesNoAction Issued New RegulationsNo
Outcome Advance In Scientific ResearchNoAction Proposed LegislationNo
Outcome Effective Grant MakingNoAction Approved Grants Or Other PaymentsNo
Outcome Improved Service DeliveryNoAction OtherNo
Outcome Increased Customer SatisfactionYesAction CommentNA
Outcome Implement Laws/Reg RequirementsYesGrants Review*No
Outcome OtherNoNumber Of Grants Reviewed0
Outcome CommentNANumber Of Grants Recommended0
Cost Savings*Unable to DetermineDollar Value Of Grants Recommended$0.00
Cost Savings CommentThe Board provides a valuable and necessary service to the Education Benefits Fund at a fraction of what these services would cost in the private sector.Grants Review CommentNA
Number Of Recommendations*2Access Contact Designated Fed. Officer*Yes
Number Of Recommendations CommentEach year, the Board promulgates normal cost and unfunded liability amortization payment amounts to be contributed into the Education Benefits Fund.Access Agency WebsiteYes
% of Recs Fully Implemented*100.00%Access Committee WebsiteNo
% of Recs Fully Implemented CommentDoD is required by law to make the requested contributions to the Fund.Access GSA FACA WebsiteNo
% of Recs Partially Implemented*0.00%Access PublicationsNo
% of Recs Partially Implemented CommentNAAccess OtherNo
Agency Feedback*Not ApplicableAccess CommentN/A
Agency Feedback Comment*NANarrative Description*The DoD Education Benefits Board of Actuaries is tasked with advising the Secretary of Defense on all actuarial matters necessary to make determinations on the Education Benefits Fund in order to finance liabilities of the Fund on an actuarially sound basis.
Hide Section - COSTS

COSTS

Payments to Non-Federal Members*$0.00Est Payments to Non-Fed Members Next FY*$0.00
Payments to Federal Members*$6,000.00Est. Payments to Fed Members Next FY*$0.00
Payments to Federal Staff*$60,000.00Estimated Payments to Federal Staff*$0.00
Payments to Consultants*$0.00Est. Payments to Consultants Next FY*$0.00
Travel Reimb. For Non-Federal Members*$0.00Est Travel Reimb Non-Fed Members nextFY*$0.00
Travel Reimb. For Federal Members*$3,500.00Est Travel Reimb For Fed Members*$0.00
Travel Reimb. For Federal Staff*$0.00Est. Travel Reimb to Fed Staff Next FY*$0.00
Travel Reimb. For Consultants*$0.00Est Travel Reimb to Consultants Next FY*$0.00
Other Costs$0.00Est. Other Costs Next FY*$0.00
Total Costs$69,500.00Est. Total Next FY*$0.00
Federal Staff Support (FTE)*1.00Est. Fed Staff Support Next FY*0.00
Cost RemarksEst Cost Remarks
Hide Section - Interest Areas

Interest Areas

No interest areas selected for this committee.
Hide Section - MEMBERS,MEETINGS AND ADVISORY REPORTS

MEMBERS,MEETINGS AND ADVISORY REPORTS

To View all the members, meetings and advisory reports for this committee please click here
Hide Section - CHARTERS AND RELATED DOCS

CHARTERS AND RELATED DOCS

No Documents Found
Hide Section - DATA FROM PREVIOUS YEARS

DATA FROM PREVIOUS YEARS

Committee

Data from Previous Years

 
ActionCommittee System IDCommittee NameFiscal Year
 COM-011646Department of Defense Education Benefits Board of Actuaries2007
 COM-013050Department of Defense Education Benefits Board of Actuaries2006
 COM-013494Department of Defense Education Benefits Board of Actuaries2005
 COM-014957Department of Defense Education Benefits Board of Actuaries2004
 COM-015499Department of Defense Education Benefits Board of Actuaries2003
 COM-016959Department of Defense Education Benefits Board of Actuaries2002
 COM-017359Department of Defense Education Benefits Board of Actuaries2001
 COM-018980Department of Defense Education Benefits Board of Actuaries2000
 COM-019393Department of Defense Education Benefits Board of Actuaries1999
 COM-020784Department of Defense Education Benefits Board of Actuaries1998
 COM-021202Department of Defense Education Benefits Board of Actuaries1997