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It's the Blended Retirement System and it is a blend of a pension and an employer-sponsored retirement account. In the BRS service members went from 2.5% per year of service to 2% and gained a 5% match to their Thrift Savings Plan. So a member retiring at 20 years in the BRS would receive 40% of their base pay as pension vs 50% under the traditional military retirement system.
Yeah, that's the one. Since I didn't qualify for it, I didn't pay much attention to it. They always just told us it's kind of like a 401K, where you contribute up to a certain amount and the govt matches your contribution.