United States Government Publishing Office publisher pbl distributor dst United States Government Accountability Office author aut Government Organization text government publication eng GAOREPORTS Legislative Agency Publications gao legislative 2010-08-12 U.S. Government Printing Office 2005-04-26 monographic deposited born digital 65 p. GA 1.13:GAO-05-348 https://www.govinfo.gov/app/details/GAOREPORTS-GAO-05-348 P0b002ee18039cd19 f:d05348 DGPO 2010-08-12 2011-03-24 GAOREPORTS-GAO-05-348 machine generated eng fdlp REPORT GAOREPORTS-GAO-05-348 GAO-05-348 Employee training Financial management Military dependents Military personnel Program evaluation Surveys Military pay Internal controls Evaluation criteria Other Written Product A22798

Congress and the Department of Defense (DOD) are concerned about the financial conditions of servicemembers and their families, particularly in light of recent deployments to Iraq and Afghanistan. Serious financial issues can negatively affect unit readiness. According to DOD, servicemembers with severe financial problems risk losing security clearances, incurring administrative or criminal penalties or, in some cases, face discharge. Despite increases in compensation and DOD programs on personal financial management (PFM), studies show that servicemembers, particularly junior enlisted personnel, continue to report financial difficulties. GAO assessed (1) the extent deployment impacts the financial condition of active duty servicemembers and their families, (2) whether DOD has an oversight framework for evaluating military programs designed to assist deployed and non-deployed servicemembers in managing their finances, and (3) the extent junior enlisted servicemembers receive required PFM training. https://www.govinfo.gov/content/pkg/GAOREPORTS-GAO-05-348/html/GAOREPORTS-GAO-05-348.htm https://www.govinfo.gov/content/pkg/GAOREPORTS-GAO-05-348/pdf/GAOREPORTS-GAO-05-348.pdf GAO-05-348 https://www.govinfo.gov/app/details/GAOREPORTS-GAO-05-348 Other Written Product GAO-05-348; Military Personnel: More DOD Actions Needed to Address Servicemembers' Personal Financial Management Issues; Employee training Financial management Military dependents Military personnel Program evaluation Surveys Military pay Internal controls Evaluation criteria Title 37 Section 427 37 U.S.C. 427 Public Law 103-62 Public Law 108-159 Public Law 108-375