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Forecasting Traditional Vs Blended Retirement System For Individual Service Members, Kevin M. Dwyer
Forecasting Traditional Vs Blended Retirement System For Individual Service Members, Kevin M. Dwyer
Theses and Dissertations
Starting January 1, 2018, the Department of Defense new Blended Retirement System (BRS) will go into effect. Military members with less than twelve years of service will have the option to either remain in the current High 3 Retirement System or opt into the BRS. This decision will have a lasting impact on their lives well beyond their military careers. With this in mind, we have developed a Decision Support System that will enable service members to compare the two retirement choices in terms of annual and total lifetime expected value. There were three phases to the development of the …