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9780833097910

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

  • ISBN 13:

    9780833097910

  • ISBN 10:

    0833097911

  • Format: Paperback
  • Copyright: 11/30/2020
  • Publisher: RAND Corporation

Note: Not guaranteed to come with supplemental materials (access cards, study guides, lab manuals, CDs, etc.)

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Summary

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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