Download

Download eBook for Free

FormatFile SizeNotes
PDF file 0.4 MB

Use Adobe Acrobat Reader version 10 or higher for the best experience.

Purchase

Purchase Print Copy

 FormatList Price Price
Add to Cart Paperback80 pages $15.00 $12.00 20% Web Discount

More than 20,000 individuals retire each year from the United Statesmilitary who are eligible to receive a guaranteed annuity amounting to halfor more of their basic military pay. Separating from the military at anaverage age of 43, the overwhelming majority of these retirees enter secondcareers in the civilian sector. This book addresses three importantquestions about the civilian labor market experience of military retirees:How do the wages of military retirees upon separation compare with those ofcomparably experienced and educated civilians? Do military retirees enjoyhigher relative wage growth over their second careers than their civilianpeers? Is the transition to civilian employment a difficult process formilitary retirees? The author finds that military retirees earnsubstantially lower wages than their civilian peers upon entering thecivilian labor market and, moreover, the wages of military retirees remainlow relative to civilian wages even as retirees gain civilian labor marketexperience.

The research described in this report was performed under the auspices of RAND's National Security Research Division unit.

This report is part of the RAND Corporation monograph report series. The monograph/report was a product of the RAND Corporation from 1993 to 2003. RAND monograph/reports presented major research findings that addressed the challenges facing the public and private sectors. They included executive summaries, technical documentation, and synthesis pieces.

Permission is given to duplicate this electronic document for personal use only, as long as it is unaltered and complete. Copies may not be duplicated for commercial purposes. Unauthorized posting of RAND PDFs to a non-RAND Web site is prohibited. RAND PDFs are protected under copyright law. For information on reprint and linking permissions, please visit the RAND Permissions page.

The RAND Corporation is a nonprofit institution that helps improve policy and decisionmaking through research and analysis. RAND's publications do not necessarily reflect the opinions of its research clients and sponsors.