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The Fiscal Year 2016 National Defense Authorization Act (NDAA) contains a new retirement system (“blended military retirement system”). This system combines a reduced defined benefit, like the current retirement system, with a defined contribution component (automatic plus matching contributions to a member’s Thrift Savings Plan account) and continuation pay. The blended retirement system uses a 2.0 percent rather than 2.5 percent multiplier in calculating military retired pay. Thus, a member who served 20 years would receive 40 percent of the average of the highest 36 months of basic pay, a Thrift Savings Plan account that contained government and optional member contributions, as well as continuation pay at the 12th year of service.


Blended Retirement System at a glance

The Fiscal Year 2016 National Defense Authorization Act (NDAA) contains a new retirement system (“blended military retirement system”). This system combines a reduced defined benefit, like the current retirement system, with a defined contribution component (automatic plus matching contributions to a member’s Thrift Savings Plan account) and continuation pay. The blended retirement system uses a 2.0 percent rather than 2.5 percent multiplier in calculating military retired pay. Thus, a member who served 20 years would receive 40 percent of the average of the highest 36 months of basic pay, a Thrift Savings Plan account that contained government and optional member contributions, as well as continuation pay at the 12th year of service.

Related Imagery
Mrs. Aubree Jordan checks in to the Yellow Ribbon event with her 2 1/2-year-old son March 24, 2017 in Dallas, Texas. The Yellow Ribbon Program provides reservists and their families time together during the weekend event, informational classes and resource connections. (U.S. Air Force photo by Tech. Sgt. Benjamin Mota)
Tech. Sgt. Heath Jordan, an avionics technician with the 301st Aircraft Maintenance Squadron, and his wife, Aubree pose for a family photo March 25, 2017 at a Yellow Ribbon event in Dallas, Texas. The Yellow Ribbon Program promotes the well-being of reservists and their families by connecting them with resources before and after deployments. (U.S. Air Force photo by Tech. Sgt. Melissa Harvey)
Air Force Reserve Command Outstanding Airman of the Year winners, Staff Sgt. Simone Granada, Master Sgt. Johann Ko, Senior Master Sgt. Wallace Wood and Bruce Reno pose with their trophies with AFRC commander, Lt. Gen. Maryanne Miller and AFRC command chief, Chief Master Sgt. Ericka Kelly during the OAY banquet at the Sawgrass Marriott Golf Resort, Ponte Vedra Beach, Florida, April 12, 2017. (U.S. Air Force photo by Tech. Sgt. Stephen D. Schester)
Chief of Air Force Reserve Command, Lt. Gen. Maryanne Miller, gives opening remarks at the AFRC Outstanding Airman of the Year banquet at the Sawgrass Marriott Golf Resort, Ponte Vedra Beach, Florida, April 12, 2017. (U.S. Air Force photo by Tech. Sgt. Stephen D. Schester)
U.S. Air Force Staff Sgt. Simone Granada, a sensor operator instructor with the 13th Reconnaissance Squadron, Beale Air Force Base, California., reacts to being announced the winner for Outstanding Airman of the Year in 2016 for Air Force Reserve Command during the OAY banquet at the Sawgrass Marriott Golf Resort, Ponte Vedra Beach, Florida, April 12, 2017. (U.S. Air Force photo by Tech. Sgt. Stephen D. Schester)
Chief of Air Force Reserve Command, Lt. Gen. Maryanne Miller, gives opening remarks at the Outstanding Airman of the Year banquet for AFRC at the Sawgrass Marriott Golf Resort, Ponte Vedra Beach, Florida, April 12, 2017. (U.S. Air Force photo by Tech. Sgt. Stephen D. Schester)
The initial movement of Air Force Reserve Command personnel to the AFRC Consolidated Mission Complex took place April 6 when Reserve Citizen Airmen of the Force Generation Center moved into Building 554 here. The building at 693 Lakeside Circle is a 22,000 square foot facility initially constructed in December 2012 as the AFRC Deployment Readiness and Training Center. (U.S. Air Force photo by Philip Rhodes)
Col. David Hale, Rhonda Griggers-Evans, Maj. Jeff Kressin, Master Sgt. Shannon Martin and Tech Sgt. Keia Penman enter the new home of the Force Generation Center April 11. The initial movement of Air Force Reserve Command personnel to the AFRC Consolidated Mission Complex took place April 6 when Reserve Citizen Airmen of the Force Generation Center moved into Building 554. (U.S. Air Force photo by Philip Rhodes)
During the 10-week professional development program, Assistant Special Agent in Charge Paul Sternal and FBI Special Agent (counselor) Inez Miyamoto visited the Philadelphia SWAT squad.
Assistant Special Agent in Charge Paul Sternal tackles the ropes on the Yellow Brick Road fitness challenge at the FBI's National Academy.
Assistant Special Agent in Charge Paul Sternal from the Defense Criminal Investigative Service was one of 222 law enforcement professionals to graduate from the FBI's National Academy Program on Dec. 16. The graduation ceremony was held in Quantico, Virginia. He is shown above, second row from the bottom, third from the right, with his cohort of 49 people.
Lt. Gen. Maryanne Miller, the chief of Air Force Reserve and commander of Air Force Reserve Command, discusses her top priorities for the Air Force Reserve during a House Armed Services Committee hearing on Capitol Hill, March 22, 2017. During the event, Miller, alongside leaders from the active Air Force and Air National Guard, discussed issues facing the Air Force with members of Congress. (U.S. Air Force photo/Tech. Sgt. Kat Justen)
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