The Department of Defense can change its retirement system to save billions of dollars and provide benefits to more veterans while still using it as a recruiting tool.

That’s the determination of the Rand Corp., which has produced a study that says reconfiguring retirement benefits from defined benefit to a combination of DB and defined contribution and changing various other aspects of the system can allow the DoD to cut expenses, provide current active-duty troops with more pay, offer incentives to retain troops in critical missions and still use retirement benefits to recruit prospective service members.

Complete your profile to continue reading and get FREE access to, part of your ALM digital membership.

Your access to unlimited content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and events.
  • Access to other award-winning ALM websites including and

Already have an account?



Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join now!

  • Unlimited access to - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including and
  • Exclusive discounts on and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2023 ALM Global, LLC. All Rights Reserved.