Reforming Military Retirement

This report documents RAND analytical support to the Military Compensation and Retirement Modernization Commission (MCRMC). Using the Dynamic Retention Model, the report evaluates MCRMC’s proposed military compensation and retirement plan reforms, by service, for officers and enlisted personnel in b...

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Bibliographic Details
Main Authors: Asch, Beth J., Mattock, Michael G., Hosek, James
Format: Online
Language:English
Published: RAND Corporation 2023
Subjects:
Online Access:ONIX_20231005_9780833093400_1330
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Summary:This report documents RAND analytical support to the Military Compensation and Retirement Modernization Commission (MCRMC). Using the Dynamic Retention Model, the report evaluates MCRMC’s proposed military compensation and retirement plan reforms, by service, for officers and enlisted personnel in both the active and reserve components. In addition to generating cost savings, the proposed reforms sustain the current force size and shape.