Almost a million current military personnel are expected to opt for ‘blended’ retirement system

From Stripes.com
From Stripes.com

Almost a million current military personnel are expected to opt for ‘blended’ retirement system

by: Tom Philpot | .
Stars and Stripes | .
published: September 06, 2016

More than 740,000 currently serving active-duty members and 176,000 drilling Reserve and National Guard personnel are expected to opt in to the new Blended Retirement System when the choice becomes available in 2018 to military members with fewer than 12 years of service.

The opt-in estimates are the product of a “dynamic retention” computer model developed by RAND Corp. and used to predict how personnel will react to a new retirement choice. The BRS was designed by the Military Compensation and Retirement Modernization Commission and approved by Congress last year after lawmakers tweaked a few features.

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