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Pentagon Spells Out Details of Troops' New Retirement System
Government Executive: The Defense Department on Wednesday laid out the final details for its new blended retirement system for military personnel, which will automatically enroll new service members and give existing troops the option of signing up.
The changes were included in the fiscal 2016 Defense authorization bill as the result of a longstanding effort to reform military service members’ compensation package. Deputy Defense Secretary Robert Work, an Obama appointee who President Trump asked to stay on, officially issued the policy that will take effect in 2018.
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