Posted on May 13, 2019

How does retirement work now? Is it all contribution plans?

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When I got out, 1980, retirement was a fixed amount for 20 years service based on rank. I understand that was done away with.

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Posted >1 y ago

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COL (Join to see)

Posted >1 y ago

Blended means some is contributions. The rest is the same as before but you get 40% at 20 years. There is a lot of material on it. Just google blended retirement.

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CW5 Jack Cardwell

Posted >1 y ago

https://militarypay.defense.gov/Test/BlendedRetirement/

Blended Retirement

Information on the U.S. Department of Defense Blended Retirement System.

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SFC (Join to see)

Posted >1 y ago

In short, it is a blend of a smaller pension with matching 401k.

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How does retirement work now? Is it all contribution plans?

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