Opt-In Period for Blended Retirement System Opens
Today@NPS
Opt-In Period for Blended Retirement System Opens
MC2 Patrick Dionne
The Uniformed Services Blended Retirement System (BRS) went into effect on Jan. 1, 2018, offering nearly 1.6 million current service members with the option of remaining in the current high-three retirement system or opting into the BRS.
The new system, which utilizes a defined contribution system of automatic and matching government contributions through the Thrift Savings Plan (TSP), will be open for a majority of service members to opt into throughout the year, from Jan. 1 to Dec. 31, 2018.
To opt into BRS, service members from the Army, Air Force and Navy will need to visit MyPay at https://mypay.dfas.mil, while members of the Marine Corps should visit Marine Online at https://www.mol.usmc.mil.
For detailed information on the new Blended Retirement System, visit http://militarypay.defense.gov/BlendedRetirement/.