Wednesday, October 5, 2022

What Is New About The U.S. Military Retirement System?

Article Excerpt: "What Is New About This Retirement System? BRS uses the retirement annuity formula that has been in place for years: the average of the service member's highest 36 months of basic pay times 2.5% of their years of service -- but the 2.5% is adjusted downward by half of a percentage point, from 2.5 to 2%. ..."



Resource: www.military.com

Changes to its retirement system on Jan. 1 of 2018, Blended Retirement System,

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