WebAug 29, 2016 · Opt-In Course. Targeted specifically for those who will be eligible to opt into the new retirement system. This course will provide eligible members an understanding of both the current and new systems and provide calculators to help estimate prospective retired pays. ... To learn more about the Blended Retirement System, ... WebThe Blended Retirement System combines elements of the legacy retirement system with benefits similar to those offered in many civilian 401(k) plans. The opt-in period for the majority of service...
Blended Retirement System Opt-In Course - United States …
WebYes, eligible service members must complete the mandatory BRS Opt-In Course and notify their Military Pay Technician via email of their decision to opt into BRS anytime between January 1, 2024 and December 31, 2024. Service members who wish to remain under the legacy retirement system do not need to take any action. WebOn 1 October 2024, 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 1 October 2024, and for BRS participants automatically re-enrolled in the TSP on or after 1 ... mcdonald\\u0027s halloween pails 2022
BLENDED RETIREMENT SYSTEM (BRS) OPT-IN COURSE (PRE-TEST…
WebThe opt-in period for Blended Retirement System (BRS) ended effective December 31, 2024 for most military members. There are some exceptions for the following members: If you are a cadet attending service academy who joined on or before December 31, 2024, or are in the Reserve Officer Training Program with a signed contract on or before ... WebMar 28, 2024 · Frequently Asked Questions Regarding the New Blended Retirement System Sections 1. Blended Retirement System (General) 2. How to Opt-In 3. Auto Enrollment 4. Thrift Savings Plan (TSP) 5. Retirement Annuity 6. Lump Sum Payment 7. Continuation Pay 8. Training & Education 9. National Guard/Reserve Specific 10. Other … WebSep 7, 2024 · Opt-in training began. Spring 2024. Online comparison . calculator available. Dec. 31, 2024. Final date of eligibility for coverage under legacy retirement system with … lg health columbia