The new Blended Retirement System (BRS) created under the 2016 Nation Defense Authorization Act is a retirement system that blends the traditional legacy retirement pension with a defined contribution to Service members’ Thrift Savings Plan account. This new Blended Retirement System goes into effect on January 1, 2018.
Key Points of the New Blended Retirement System:
- All members serving as of December 31, 2017, are grandfathered under the legacy retirement system. No one currently-serving will be automatically switched to the Blended Retirement System.
- Though they are grandfathered under the legacy retirement system, Active Component Service members with fewer than 12 years since their Pay Entry Base Date, and Reserve Component Service members who have accrued fewer than 4,320 retirement points as of December 31, 2017, will have the option to opt into the Blended Retirement System. The opt-in/election period for the Blended Retirement System begins January 1, 2018, and concludes on December 31, 2018.
- All Service members who enter the military on or after January 1, 2018, will automatically be enrolled in BRS.
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