The Blended Retirement System: Retention Effects and Continuation Pay Cost Estimates for the Armed Services

Beth J Asch,Michael G Mattock,James Hosek

The Blended Retirement System: Retention Effects and Continuation Pay Cost Estimates for the Armed Services
Format
Paperback
Publisher
RAND
Country
United States
Published
31 October 2021
Pages
92
ISBN
9780833097910

The Blended Retirement System: Retention Effects and Continuation Pay Cost Estimates for the Armed Services

Beth J Asch,Michael G Mattock,James Hosek

This report assesses the effects of the Blended Retirement System (BRS) on military retention and cost. The report finds that the BRS can produce the same retention as the legacy system if continuation pay (CP) is set at optimized levels. CP levels affect the likelihood that currently serving members elect the BRS, thereby affecting the time pattern of cost and cost savings to the government.

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