Show simple item record

dc.contributor.advisorSeagren, Chad W.
dc.contributor.advisorBacolod, Marigee
dc.contributor.authorSmallwood, Calvin R.
dc.date.accessioned2019-05-15T19:38:16Z
dc.date.available2019-05-15T19:38:16Z
dc.date.issued2019-03
dc.identifier.urihttp://hdl.handle.net/10945/62296
dc.descriptionApproved for public release. distribution is unlimiteden_US
dc.description.abstractIn 2013 the Marine Corps began to reduce end-strength from 202,000 to 182,000. To facilitate the force reduction of mid-careerists, the Marine Corps offered Voluntary Separation Pay (VSP) and Temporary Early Retirement Authority (TERA). This thesis examines the efficiency of these two programs across Naval Aviator and Naval Flight Officer (NFO) Military Occupational Specialties (MOS). VSP targeted Marine Majors and Major (selects) with 10 to 15 years of service, providing eligible Marines with a lump-sum payment based on rank and years of service. TERA targeted Marines with greater than 15 years of service with a reduced retirement pension compared to if those Marines had serviced to 20 years. The analysis shows that VSP and TERA worked as intended, accounting for 255 separations—more than a year’s worth in the steady state—among Marine pilots and NFOs between 2013 and 2016. While Marine pilots and NFOs with skill-specific qualifications such as Weapons and Tactics Instructor and Forward Air Controller have a negative probability of taking VSP or TERA, general demographics such as gender, race, and marital status appear to have no effect on take-up of VSP or TERA. However, VSP and TERA affects the quality of those remaining in the Corps. While TERA incentivizes low-quality Marines to separate, VSP appears to incentivize high-quality Marine pilots and NFOs to separate.en_US
dc.description.urihttp://archive.org/details/consequencesofse1094562296
dc.publisherMonterey, CA; 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.titleCONSEQUENCES OF SEPARATION INCENTIVES: THE EFFECTS OF VSP AND TERA ON THE MARINE CORPS AVIATION COMMUNITYen_US
dc.typeThesisen_US
dc.contributor.departmentBusiness and Public Policy (GSBPP)
dc.subject.authorseparation incentivesen_US
dc.subject.authorvoluntary separation payen_US
dc.subject.authortemporary early retirement authorityen_US
dc.subject.authorincentivesen_US
dc.subject.authordrawdownen_US
dc.subject.authordownsizingen_US
dc.description.recognitionOutstanding Thesisen_US
dc.description.serviceMajor, United States Marine Corpsen_US
etd.thesisdegree.nameMaster of Science in Managementen_US
etd.thesisdegree.levelMastersen_US
etd.thesisdegree.disciplineManagementen_US
etd.thesisdegree.grantorNaval Postgraduate Schoolen_US
dc.identifier.thesisid31701


Files in this item

Thumbnail

This item appears in the following Collection(s)

Show simple item record