DOD, Uniformed Services Blended Retirement System Policy, Amended , October 1 , 2020
October 1, 2020
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From the document: “Background. This document provides guidance for the implementation of the Uniformed Services’ Blended Retirement System (BRS). The BRS blends a 20-year cliff-vested defined benefit annuity, similar to the existing Uniformed Services’ legacy retirement systems, with a defined contribution plan that allows Service members to contribute to a Thrift Savings Plan (TSP) account with government automatic and matching contributions. The BRS is expected to provide retirement savings benefits for the majority of Service members, including those who serve fewer than 20 years.”
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