Showing posts with label New Military Retirement System. Show all posts
Showing posts with label New Military Retirement System. Show all posts

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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