blended retirement

  • The Defense Department started to move this week into the implementation phase of the new military retirement system Congress ordered it to set up just over a year ago, including through an exhaustive education campaign designed to make sure service members understand how the new system works.

    February 02, 2017
  • The Federal Retirement Thrift Investment Board, the agency that facilitates the Thrift Savings Plan, is preparing for two major projects next year. The new blended retirement program for military members and the agency's long term IT modernization plan are the driving factors behind the agency's 17 percent budget increase in 2017.

    September 19, 2016
  • Even before the blended retirement plan goes into effect, the Pentagon is monkeying with it, and that's got the ire of retired officers.

    June 21, 2016
  • The blended retirement system for those exiting a military career goes into effect in 2018. It substitutes future annuity levels with matching funds in the Thrift Savings Plan. Even before the plan goes into effect, the Pentagon is monkeying with it, and that's got the ire of retired officers. Retired Marine Corps Col. James Sweeney, president of the Reserve Officers Association, joins Federal Drive with Tom Temin to offer his insight.

    June 13, 2016