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Author
Series
Research report volume no. 1887
Pub. Date
[2017]
Language
English
Description
"For decades, the services had a defined-benefit system that vested after 20 years of service in an immediate annuity computed based on years of service and basic pay using a 2.5-percent multiplier. The 2016 National Defense Authorization Act created a new system called the Blended Retirement System (BRS) that changes the defined-benefit multiplier to 2.0 percent and adds two new components: a defined-contribution plan known as the Thrift Savings...
Author
Series
Report / 97th Congress 1st session House of Representatives volume no. 97-109
Rept. / 97th Congress 1st session House of Representatives volume 97-109/pt.2
Rept. / 97th Congress 1st session House of Representatives volume 97-109/pt.2
Pub. Date
[1981]
Language
English
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