DOD begins ‘blended retirement system’ education effort

The Defense Department has begun education efforts for its new “blended retirement system” for service members, which consists of a combination of the Thrift Savings Plan and an annuity provision for those who retire after 20 or more years.

The first element in DOD’s four-phase training program—the “leader training module”—was launched June 1. The other three learning modules include: training for installation and command financial counselors, slated to launch in the fall; opt-in training for current service members beginning in January 2017; and training during their first months of service for service members who join after January 2018.

According to DOD News, the first module is available on the Joint Knowledge Online portal and the MilitaryOneSource website—as well as on DVD at remote locations. 

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Edward A. Zurndorfer Certified Financial Planner
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