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

Abstract

This report presents findings on the effect of the Blended Retirement System (BRS) on active component military retention and reserve component participation. The BRS, created by the National Defense Authorization Act (NDAA) of 2016 and amended by the NDAA of 2017, represents the first major change to the armed and uniformed services retirement system since the end of World War II. The BRS retains a defined-benefit plan from the legacy system and adds a defined-contribution plan and a new pay called continuation pay (CP). The report includes findings on CP rates and cost; presents BRS retention and cost findings for all armed services; describes our U.S. Coast Guard analysis in detail; 1 and shows the effects of the BRS in the steady state and in the transition to the steady state for all five armed services.

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Document Details

Document Type
Technical Report
Publication Date
Jan 01, 2017
Accession Number
AD1085583

Entities

People

  • Beth J. Asch
  • James R. Hosek
  • Michael G. Mattock

Organizations

  • RAND Corporation

Tags

Communities of Interest

  • Human Systems

DTIC Thesaurus Topics

  • Active Duty
  • Coast Guard Personnel
  • Congress
  • Cost Estimates
  • Department Of Defense
  • Employment
  • Enlisted Personnel
  • Governments
  • Health Care
  • Homeland Security
  • Law
  • Medical Personnel
  • National Security
  • Officer Personnel
  • Personnel Management
  • Public Policy
  • Unified Combatant Commands

Readers

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