Airmen encouraged to attend new military retirement system town halls, workshops

  • Published
  • 75th Air Base Wing Public Affairs
Airmen wanting to learn more about the new military Blended Retirement System (BRS) and Thrift Savings Plan (TSP) will have the opportunity to do so beginning this month.

Hill AFB’s Airman and Family Readiness Center will sponsor town hall meetings and a series of BRS and TSP workshops that are open to service members and their families.

The National Defense Authorization Act for Fiscal Year 2016 created the new retirement system for the military. The system blends elements of the legacy retirement system with a more modern, 401(k)-style plan.

It goes into effect Jan. 1, 2018.

All currently serving members will be grandfathered into the current military retirement system. Those with fewer than 12 years of service as of Dec. 31, 2017, or Air Force Reserve component members with fewer than 4,320 retirement points may choose to “opt in” to the BRS during the designated opt-in period from Jan. 1, 2018, through Dec. 31, 2018.

No service member needs to make a decision until Jan. 1, 2018; however, Air Force officials said all service members should research their options as resources become available.

Town halls:

BRS –
Dec. 15, 1 p.m.
Dec. 16, 11 a.m.

The town halls will be held at the Hill AFB Theater (Bldg. 441). Registration is not required.

Workshops:

BRS –
Jan. 5, noon
Jan. 18, noon
Jan. 26, noon
Feb. 2, 8 a.m.
Feb. 16, 8 a.m.

TSP –
Jan. 12, noon
Feb. 9, 8 a.m.
Feb. 23, 8 a.m.

The workshops will be held at the Airman and Family Readiness Center (Bldg. 150) and include a light meal. Registration is required three duty days before each workshop by calling 801-777-4681.

In addition to the town hall meetings and workshops, unit visits and one-on-one counseling are available. Call the Airman and Family Readiness Center at 801-777-4681 or visit http://militarypay.defense.gov for more information.