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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 military retirement plan, the Blended Retirement System, offers military members more career options and a greater opportunity to save for retirement. Members have until December 31 ...
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 ...
On Jan. 1, 2018, the Pentagon launched its new retirement program, known as the Blended Retirement System. If your service member joined after Jan. 1, 2006, or is Guard or Reserve and had fewer ...
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 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.
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 ...
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 ...
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 leaders and Department of Defense pay experts have presented to Congress a reshaped version of that new “blended retirement” system for future service members, saying this one “best ...
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 ...