Blended Retirement System
The Blended Retirement System (BRS) went into effect on 1 January 2018. The BRS applies to all Service members who entered the Uniformed Services with a Date of Initial Entry into Military Service (DIEMS) of 1 January 2018 or later. The BRS is a combination of a defined benefit plan, similar to predecessor plans that pay monthly retired pay, plus defined contributions and service matching to the Federal Thrift Savings Plan (TSP).
Implementation of 5% Automatic Enrollment Percentage for Thrift Savings Plan Participants
On October 1, 2020, the Federal Retirement Thrift Investment Board (FRTIB) increased the automatic enrollment percentage from 3% to 5% of pay for all Blended Retirement System (BRS) participants who are automatically enrolled in the TSP on or after October 1, 2020, and for BRS participants automatically re-enrolled in the TSP on or after January 1, 2021, per 5 CFR § 1600.34 and 1600.37. This change will not affect the contribution rates in place for BRS participants who were automatically enrolled prior to October 1, 2020, and did not terminate their contributions. Click here for more information.
Falls Church, VA, September 22, 2021 - If you’re getting ready to retire from active duty or reserve service, your goal is likely to make a smooth transition to civilian life. TRICARE can help you do that. When you retire from active duty or retire from the National Guard or Reserve, you’ll experience a TRICARE Qualifying Life Event (QLE). QLEs open a 90-day window where you can enroll in a new TRICARE health plan or change your coverage.
Falls Church, VA, September 21, 2021 - If you or someone you know is struggling with a mental health problem or suicidal thoughts, it’s important to know that there is not a one-size-fits-all solution, and finding the best option is key to a successful recovery.