An Enhanced Capability to Model How Compensation Policy Affects U.S. Department of Defense Civil Service Retention and Cost

An Enhanced Capability to Model How Compensation Policy Affects U.S. Department of Defense Civil Service Retention and Cost

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Researchers extend RAND's dynamic retention model for Defense Department civil service workers by reestimating pay profiles, adding costing capability, obtaining estimates for separate and combined cohorts, and allowing estimates to differ for veterans and nonveterans. They apply the extended model to simulate the retention and cost effects of mandating workers to pay a larger share of contributions into the Federal Employees Retirement System.