Blended Retirement kicks in for new military members starting January 1.
There are many parts to the new system, but one of the major differences is the introduction of a 401k-style Thrift Savings Plan that troops can take with them even if they don't reach the 20 years of service required for a traditional pension.
New military members joining after December 31, 2017, are automatically enrolled in Blended Retirement.
Current military members with fewer than 12 years of service have a big decision to make: whether to opt-in to Blended Retirement or stay with the traditional High-3 plan. Servicemembers can make the switch anytime in 2018, but the decision is permanent.
If you are an active duty servicemember in Southern California, or you're part of the Guard and Reserve, how are you making the Blended Retirement choice?
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