Understanding the Military's New Blended Retirement System (BRS)

Submitted by John Cooney on Mar 7, 2017

Understanding the Military’s New Retirement System, the Blended Retirement System

For years, those who have served in the military have had one constant; if you serve 20 or more years, you get a pension for life, if you don’t, you get nothing.  This changed a little when the Thrift Savings Plan (TSP) came into effect in the late 1980s.  With the TSP, the government did give service members a mechanism for saving money direct from their paycheck.  The big key here is that it was ONLY the service members money, Uncle Sam kicked in nada.  If you contra

retirement, military retirement, blended retirement system
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