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dc.contributor.advisorHousel, Thomas J.
dc.contributor.advisorSharpe, William
dc.contributor.authorMays, Steven D.
dc.dateSep-13
dc.date.accessioned2013-11-20T23:36:18Z
dc.date.available2013-11-20T23:36:18Z
dc.date.issued2013-09
dc.identifier.urihttp://hdl.handle.net/10945/37672
dc.description.abstractThe Department of Defense will be taking preemptive action to reduce its budget in the face of imminent reduction in federal spending. The Marine Corps is projected to cut a significant percentage of its current active duty end strength. This study focused specifically on the Marine Corps population, both to limit the scope of the study and to model the effects of the manpower reduction parameters used on its target population. The Marine Corps will utilize temporary early retirement authority (TERA), voluntary separation pay (VSP), enlisted retention, and Officer Continuation Boards as the parameters to reduce its end strength in the coming years. The target population for this study was career-intentioned Marines officers defined as those Marines officers who voluntarily served beyond their initial contractual obligation by accepting a career designation status. Some will be separated prior to achieving traditional, 20-year, retirement eligibility. This study will draw comparisons between promotion probabilities from known and theoretical data using Monte Carlo simulation and other statistical methods to generate a career-decision support tool for the affected population of Marines to make informed retirement planning decisions.en_US
dc.description.urihttp://archive.org/details/militaryretireme1094537672
dc.publisherMonterey, California: Naval Postgraduate Schoolen_US
dc.rightsThis publication is a work of the U.S. Government as defined in Title 17, United States Code, Section 101. Copyright protection is not available for this work in the United States.en_US
dc.titleMilitary retirement and wealth forecasting during DoD manpower drawdownen_US
dc.typeThesisen_US
dc.contributor.secondreaderMun, Johnathan C.
dc.contributor.departmentInformation Sciences (IS)
dc.subject.authorRetirement Planningen_US
dc.subject.authorMonte Carlo Simulationen_US
dc.subject.authorDecision Supporten_US
dc.subject.authorNet Present Valueen_US
dc.subject.authorManpower Drawdownen_US
dc.subject.authorTERAen_US
dc.subject.authorVSPen_US
dc.description.serviceMajor, United States Marine Corpsen_US
etd.thesisdegree.nameMaster Of Science In Information Technology Managementen_US
etd.thesisdegree.levelMastersen_US
etd.thesisdegree.disciplineInformation Technology Managementen_US
etd.thesisdegree.grantorNaval Postgraduate Schoolen_US
dc.description.distributionstatementApproved for public release; distribution is unlimited.


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