With the launch of the Blended Retirement System (BRS) right around the corner, 2018 Continuation Pay Rates are being released. All of the major branches other than the Air Force have reported their rates…all are offering Continuation Pay at 12 Years of Service (YOS) and at the minimum rate of 2.5X base pay (i.e. TSgt w/over 10 YOS would get $3480.30 x 2.5 = $8700.75). Continuation Pay comes with an additional 4 year service requirement. For more info on Continuation Pay and the BRS, go here.
Within the next week, I’ll be sending out my first e-newsletter with a full write-up on the BRS as a whole along with my $0.02 on what everyone needs to know about the BRS…all total the info should be worth about a buck ‘o five! If you’d like to receive the e-newsletter, please subscribe to my mailing list via my website or follow Aim High Finance on Facebook as the e-newsletter will be released on both mediums.
Until next time…SEE YA!