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<p>This research examines how the Targeted Separation Incentive Program, currently underway by the Navy, is being administered to bring about the voluntary separations of junior officers to meet the requirements of the NavyÃ¢  s most recent force reduction. This study evaluates the effects of past separation incentive programs as well as the current compensation package that the service-member may receive which is outlined in the Fiscal Year 2006 National Defense Authorization Act. In addition, an analysis was conducted of the costs associated with retaining the service-member versus the personal costs of that individual of leaving. The objective of this thesis is to evaluate the Department of the NavyÃ¢  s (DoN) Targeted Separation Incentive Program in order to see if this program can adequately meet the goals of the current force reduction and whether or not savings can be realized through alternative separation programs.
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<br>Subjects: Cost; Analysis; Monte Carlo method; Retirement; Sailors</div>
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Hudson, Daniel P.</div>
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