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

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

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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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MORE INFO
Format
Paperback
Publisher
RAND
Country
United States
Date
31 October 2021
Pages
92
ISBN
9780833097910

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.

Read More
Format
Paperback
Publisher
RAND
Country
United States
Date
31 October 2021
Pages
92
ISBN
9780833097910