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The military made major changes to its retirement system on Jan. 1, 2018, adding the Blended Retirement System. Let's look at what it means for military members. The new retirement system is ...
When the Blended Retirement System was created more than five years ago, one of its primary goals was to help service members set themselves up financially for the future, even if they didn’t ...
The new system blends aspects of the traditional defined benefit retirement pension system, with a defined contribution system of automatic and matching government contributions through the Thrift ...
The Blended Retirement System has begun. The new retirement system went into effect for new military members on January 1, 2018. It also opened up to current military members with less than 12 ...
All service members entering the military are automatically enrolled in the Blended Retirement System, or BRS. Only those who served before 2018 remain in the legacy, all-or-nothing 20-year ...
If you’re still on the fence, or unsure whether you’re eligible, now is the time to choose — especially if you’re leaning toward the Blended Retirement System, where benefits like matching ...
If done poorly, the new blended retirement system might simply be another reduction in benefits for long-serving individuals, similar to what civilian government employees have seen over the years.
Amid seemingly ubiquitous challenges in federal spending, one aspect of entitlement reform has emerged as successful: the Blended Retirement System, which was introduced by the military in 2016.
Military members will need financial guidance when the Department of Defense launches the Blended Retirement System on January 1, 2018, experts say. With the military retirement system changes, anyone ...
Eligible service members who wish to opt into the new Blended Retirement System can begin doing so Jan. 1 and have all of 2018 to make up their minds. But if you’re thinking about making the ...
About 1.6 million service members had a decision whether they want to stay with the legacy retirement system or switch to the new Blended Retirement System in 2018. Only about 25 percent of ...
The Blended Retirement System (BRS) is a key step in modernizing the department’s ability to recruit, retain and maintain the talent required of the future force. This is a new Department of ...