The Military Compensation and Retirement Modernization Commissions Blended Retirement Plan: A First Look at Marine Corps Implications

Abstract

The final report of the Military Compensation and Retirement Modernization Commission (MCRMC) proposes a blended retirement plan that would reduce the size of the defined benefit in the current retirement plan but would add an employer-matching Thrift Savings Plan and a continuation bonus. This plan has received significant support by the Congress and throughout the Department of Defense and is likely to be codified in law in the next National Defense Authorization Act. This research memorandum helps to begin the Marine Corps analytic process for implementation of the proposed plan. It recaps key features of the proposed plan, reviews compensation management basics, identifies key force management objectives that could be affected by compensation changes, provides preliminary analysis for how these objectives could be affected by the proposed plan, and provides a framework to conduct detailed follow-on analysis.

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Document Details

Document Type
Technical Report
Publication Date
Mar 01, 2016
Accession Number
AD1016635

Entities

People

  • Aline Quester
  • Gary Lee
  • James Grefer
  • Jeff Peterson
  • Shannon Desrosiers

Organizations

  • CNA ANALYSIS AND SOLUTIONS ALEXANDRIA VA

Tags

Communities of Interest

  • Human Systems

DTIC Thesaurus Topics

  • Administrative Personnel
  • Attrition
  • Business Administration
  • Department Of Defense
  • Employment
  • Enlisted Personnel
  • Law
  • Management Personnel
  • Manpower
  • Marine Corps Personnel
  • Officer Personnel
  • Organizational Structure
  • Personnel Management
  • Personnel Retention
  • Recruiting
  • Recruits
  • United States Naval Academy

Readers

  • Defense Acquisition Program Management
  • Military Mobilization and Reserve Forces Studies.