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MOAA Pikes Peak Chapter
Date Posted:01/15/18
This Story Expires on: 02/01/18
February 1st PPC MOAA Membership Luncheon

MOAA Pikes Peak Chapter
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MOAA CIC
Military Retirees have some decisions to make

Members of the military will have a big decision to make come January 1, 2018: The new “blended” retirement system for servicemembers will take effect.

Opt-in eligible servicemembers from all seven of the uniformed services will have an entire year to make their retirement system election. The open period for the majority of servicemembers is from Jan. 1 through Dec. 31, 2018.”

The new system combines part of the traditional defined benefit retirement pension system with a defined contribution system of automatic and matching government contributions through the Thrift Savings Plan.

Source: Benefits Pro

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