Estimating the Retention Effects of Continuation Pay

Abstract

In this study, CNA uses a dynamic modeling approach to analyze the retention impacts of the recent change in the military retirement system. Our focus is on a lump-sum Continuation Pay that sailors receive in the middle of their careers. This Continuation Pay is designed to be able to offset the retention decline that results from some of the other retirement changes, and we find that it can do so. We also discuss some of the ways in which Continuation Pay is likely to interact with other Navy force-shaping policies.

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Document Details

Document Type
Technical Report
Publication Date
Apr 01, 2018
Accession Number
AD1052391

Entities

People

  • Greggory Schell
  • James Grefer
  • Jared Huff
  • Mikhail Smirnov

Organizations

  • Center for Naval Analyses

Tags

Communities of Interest

  • Human Systems

DTIC Thesaurus Topics

  • Administrative Personnel
  • Algorithms
  • Contracts
  • Department Of Defense
  • Deployment
  • Education
  • Estimators
  • Governments
  • Iraqi-War
  • Management Personnel
  • Money
  • National Governments
  • National Security
  • Personnel Management
  • Probability
  • Statistical Analysis
  • United States Government

Readers

  • Naval Personnel Management
  • Theoretical Analysis.