WebJan 14, 2024 · The BRS opt-in process was designed to provide eligible Uniformed Service members a choice for their own futures. The department encouraged service members to complete BRS training, seek financial ... WebWith BRS, you will receive 40% of your base pay after 20 years and a bonus at 12 years, which is 2.5% of your annual base pay. ... Login. Army. My Profile Army Home Page. Navy. My Profile Navy ...
Blended Retirement System - National Guard
WebFeb 14, 2024 · Understanding the Blended Retirement System. The BRS has three main components: Defined Benefit — The retirement benefit will be a flat 2% times the number of years of service. So, retirement at 20 years will mean 40% of your final base pay (less than the 50% of High-3). If you retire at 30 years, the benefit will be just 60% of your final ... WebDec 19, 2024 · BRS uses the retirement annuity formula that has been in place for years: the average of the service member's highest 36 months of basic pay times 2.5% of their … mwc club by spree
Thrift Savings Plan - U.S. Department of Defense
WebSummary. Continuation pay is a direct cash payout, like a bonus, available to Service members enrolled in the Blended Retirement System (BRS). It is targeted at the mid-career mark, payable between completion of eight years of service, but before completion of 12 years of service (calculated from a Service member's Pay Entry Base Date). Webmilitarypay.defense.gov WebOct 1, 2024 · The BRS continuation pay rates for 2024 are nearly identical across each of the Services. For Active Component servicemembers, the pay rate multiplier is 2.5. For Reserve Component servicemembers in all Services except the U.S. Army, the pay rate multiplier is 0.5; for National Guard and Reservists in the U.S. Army, the 2024 pay rate … mwc cheese storage