Tag Archives: Blended Retirement System

Report: DoD to Reprogram $1.5B in Funds for Border Wall

The Department of Defense is redirecting approximately $1.5 billion in funds allocated for several defense programs toward the Trump administration’s plan to construct 80 additional miles of border wall, The Washington Post reported Sunday. The funds will come from the Minuteman III intercontinental ballistic missile and surveillance plane program called Airborne Warning and Control System, according to a DoD document obtained by the Post.

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DoD Completes Blended Retirement System Opt-In Enrollment

The Department of Defense has concluded the opt-in enrollment of a new military retirement system with over half a million servicemen registered in total. The Blended Retirement System fuses traditional pension with a thrift savings plan, allowing members to receive retirement benefits before reaching 20 years in service, the DoD said Monday.

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DoD Implements Mandatory Military Retirement System Training

The Defense Department has implemented a mandatory training program on the updated military retirement system for eligible service members ahead of the system’s Jan. 1, 2018 effective date, DoD News reported Wednesday. Lisa Ferdinando writes Anthony Kurta, acting undersecretary of defense for personnel and readiness, said the Blended Retirement System is designed to …

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