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ENTITLEMENT TO CONTINUATION PAY (CP)CHECKLIST Continuation MY Pay: Plot Your Path to success NAVY FINANCIAL READINESSCongratulations on reaching this important milestone in your Navy career the point
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How to fill out militarys new blended retirement

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How to fill out militarys new blended retirement

01
Log in to the Defense Finance and Accounting Service (DFAS) myPay website.
02
Select the Blended Retirement System (BRS) option in the menu.
03
Review and verify your personal information.
04
Elect whether to opt-in to the BRS or stay with the legacy retirement system.
05
Complete the necessary forms and confirm your decision.

Who needs militarys new blended retirement?

01
Active duty service members with less than 12 years of service as of 2018.
02
Reserve component service members with less than 4,320 retirement points as of 2018.
03
Anyone else who is eligible and wants to take advantage of the benefits of the new blended retirement system.
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The military's new blended retirement combines elements of the traditional pension system with a defined contribution plan, offering service members more flexibility and portability.
All service members who entered the military on or after January 1, 2018 are required to participate in the new blended retirement.
Service members can fill out the military's new blended retirement by logging into their myPay account and following the instructions provided.
The purpose of the military's new blended retirement is to modernize the retirement system, provide more options for service members, and reduce long-term costs for the Department of Defense.
Service members must report their years of service, contribution amounts, investment choices, and any other relevant financial information on the military's new blended retirement.
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