Retention, Incentives, and DoD Experience Under the 40-Year Military Pay Table

In a multimethod analysis, RAND researchers assess whether the military should continue using its 40-year pay table, implemented in 2007, to retain the most-experienced officers, warrant officers, and enlisted personnel, as well as more-junior personnel aspiring to higher ranks. Alternatively, could such retention be equally achieved by reverting to a 30-year pay table, and how much special and incentive pay would be required?