The clock is ticking for eligible Sailors to decide whether to opt in to the U.S. Department of Defense (DoD)'s new Blended Retirement System. Master Chief Petty Officer of the Navy Russell Smith offered some advice during Friday’s all hands call. | U.S. Navy
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U.S. Department of Defense (DoD) #update: DoD Plans Benefit Revision With ‘Blended Retirement’ -- Upon taking office almost a year ago, #Defense Secretary Ash Carter promised reforms, saying “that a #BlendedRetirement system is a key step in modernizing the department’s ability to recruit, retain and maintain the talent we require of our future force.” An overhaul of the current #MilitaryRetirement system is slated to take effect January 1, 2018. The new system has three elements: a 401(k)-style
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