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Tag Archives: military pension
Blended Retirement System and Divorce Division
The Federal government has announced a significant overhaul of the military retirement system to make it more like civilian plans with some defined benefit and some defined contribution. It is called the BLENDED RETIREMENT SYSTEM, or BRS. Division of military … Continue reading
Posted in Finance
Tagged divorce, finance, interspousal agreements, matrimonial agreements, military pension, USFSPA
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Military Sabbatical Prototype: Reserve Duty
Chairman of the Joint Chiefs of Staff, General Martin Dempsey has spoken publicly that perhaps the most senior 40 percent members of the armed forces should work outside the military, or even outside of government, in a sabbatical arrangement. This … Continue reading
Posted in Contract Work, Finance, Spirit & Heart
Tagged government, military pension
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Reservist Military Retirement Division
[Complete text is at a new location: http://www.increa.com/articles/division-military-retirement-dual-coverture] When dividing the marriage asset of military retirement pay due to divorce, the issues are superbly different than any other type of retirement. When dealing with normal civilian retirements, a coverture fraction … Continue reading