The new Blended Retirement System goes into effect on January 1, 2018.
--Future Service Member will receive 80% of the current defined benefit (pension) if they serve for 20 years as well as the opportunity to achieve nearly equivalent or better retirement benefits when they reach retirement age; and enables us to recruit and train our superb All-Volunteer Force in the 21st Century.
CAN I OPT OUT ONCE I'VE OPTED IN?
DoD policy, "Implementing the Blended Retirement System," dated January 27, 2017, is clear that the decision to elect to enroll in the Blended Retirement System (BRS) is irrevocable. This was emphasized in the mandatory BRS Opt-In Training and reiterated during the actual opt-in process on myPay. When opting in via myPay, the Service member must acknowledge no less than three times that he or she is aware the decision to opt-in is irrevocable and fully understands that he or she is opting into the Blended Retirement System. Accordingly, there is no way to opt out of BRS once the transaction is completed via myPay.
A Service member always has the option of applying to the Board for Correction of Military Records for relief for any matter related to pay and benefits, but must prove a specific error or injustice. There is no guarantee the Board will take action to reverse this member's election to enroll in the BRS.
» All Soldiers who join the Army on or after January 1, 2018, are covered under the new Blended Retirement System.
Need more Information? Check out militarypay.defense.gov
» Take advantage of free, personal support from your installation's accredited
Personal Financial Manager or Counselor at these links or reach a financial counselor by calling 800-342-9647:
» Learn more about your retirement choices by completing the mandatory online BRS Opt-In
» Calculate, compare and contrast your retirement benefits under both systems:
FAQs about BRS calculators
Department of Defense BRS calculator
MyArmyBenefits BRS calculator