BLENDED RETIREMENT SYSTEM (BRS) OPT-IN COURSE (2
HRS) UPDATED QUESTIONS AND VERIFIED ANSWERS
1) _____, is an incentive designed to encourage members to continue serving at critical points in their
career and may be provided to you mid-career for your commitment to at least 3 additional years of
service. - CORRECT ANSWER✅✅✅Continuation Pay
2) The BRS calculator enables you to _____. - CORRECT ANSWER✅✅✅estimate your potential
retirement savings and income
3) Money that is vested in a retirement account is _____. - CORRECT ANSWER✅✅✅the employee's
to keep along with all interest earned and employer-matching contributions
4) Service member decisions to opt into the Blended Retirement System (BRS) _____. - CORRECT
ANSWER✅✅✅cannot be reversed at any time once made
5) The legacy "High-3" retirement system for the Uniformed Services requires Service members to serve
_____ years of active duty, or qualifying Years of Service for the Reserve Component, in order to qualify
to receive the defined-benefit retired pay. - CORRECT ANSWER✅✅✅20
6) The addition of interest added to the principal in a retirement account over time is called _____. -
CORRECT ANSWER✅✅✅compounding
7) Financial experts advise you will need approximately _____ of your pre-retirement income in order to
maintain your standard of living after you retire. - CORRECT ANSWER✅✅✅80%
8) A pension is _____. - CORRECT ANSWER✅✅✅a retirement system in which an employee
continues receiving regular income after he/she retires
9) The following individuals can make the final BRS opt-in decision for you: - CORRECT
ANSWER✅✅✅Only you can make this decision.
, 10) The Blended Retirement System (BRS) and the legacy "High-3" retirement system both require
_____ Years of Service (YOS) in order to qualify for monthly retired pay. - CORRECT
ANSWER✅✅✅20
11) You have the opportunity to opt into the BRS because you are either an Active Component (AC)
member who will have completed fewer than _____ or a Reserve Component (RC) member who will
have fewer than _____ as of December 31, 2017. - CORRECT ANSWER✅✅✅12 YOS, 4,320
retirement points
12) Which of the following are advantages to Service members who participate in the Blended
Retirement System with respect to the Thrift Savings Plan? - CORRECT ANSWER✅✅✅Government-
automatic [1%] contributions and Government-matching contributions up to an additional 4% of basic
pay
13) Before making a final decision on a Uniformed Services retirement plan, Service members need to
consider _____. - CORRECT ANSWER✅✅✅personal and family goals, plans, and obligation
career goals after separation from the service
how long you plan to serve
*all of the above*
14) Under the BRS, the basic components of your retirement plan are: (Select all that apply): - CORRECT
ANSWER✅✅✅Eligibility for a Lump Sum payment option
Monthly retired pay at 40% in return for at least 20 Years of Service
Automatic 1% Government contribution to a Thrift Savings Plan account
Up to an additional 4% Government-matching contributions to a TSP account based on Service member
contribution rates
HRS) UPDATED QUESTIONS AND VERIFIED ANSWERS
1) _____, is an incentive designed to encourage members to continue serving at critical points in their
career and may be provided to you mid-career for your commitment to at least 3 additional years of
service. - CORRECT ANSWER✅✅✅Continuation Pay
2) The BRS calculator enables you to _____. - CORRECT ANSWER✅✅✅estimate your potential
retirement savings and income
3) Money that is vested in a retirement account is _____. - CORRECT ANSWER✅✅✅the employee's
to keep along with all interest earned and employer-matching contributions
4) Service member decisions to opt into the Blended Retirement System (BRS) _____. - CORRECT
ANSWER✅✅✅cannot be reversed at any time once made
5) The legacy "High-3" retirement system for the Uniformed Services requires Service members to serve
_____ years of active duty, or qualifying Years of Service for the Reserve Component, in order to qualify
to receive the defined-benefit retired pay. - CORRECT ANSWER✅✅✅20
6) The addition of interest added to the principal in a retirement account over time is called _____. -
CORRECT ANSWER✅✅✅compounding
7) Financial experts advise you will need approximately _____ of your pre-retirement income in order to
maintain your standard of living after you retire. - CORRECT ANSWER✅✅✅80%
8) A pension is _____. - CORRECT ANSWER✅✅✅a retirement system in which an employee
continues receiving regular income after he/she retires
9) The following individuals can make the final BRS opt-in decision for you: - CORRECT
ANSWER✅✅✅Only you can make this decision.
, 10) The Blended Retirement System (BRS) and the legacy "High-3" retirement system both require
_____ Years of Service (YOS) in order to qualify for monthly retired pay. - CORRECT
ANSWER✅✅✅20
11) You have the opportunity to opt into the BRS because you are either an Active Component (AC)
member who will have completed fewer than _____ or a Reserve Component (RC) member who will
have fewer than _____ as of December 31, 2017. - CORRECT ANSWER✅✅✅12 YOS, 4,320
retirement points
12) Which of the following are advantages to Service members who participate in the Blended
Retirement System with respect to the Thrift Savings Plan? - CORRECT ANSWER✅✅✅Government-
automatic [1%] contributions and Government-matching contributions up to an additional 4% of basic
pay
13) Before making a final decision on a Uniformed Services retirement plan, Service members need to
consider _____. - CORRECT ANSWER✅✅✅personal and family goals, plans, and obligation
career goals after separation from the service
how long you plan to serve
*all of the above*
14) Under the BRS, the basic components of your retirement plan are: (Select all that apply): - CORRECT
ANSWER✅✅✅Eligibility for a Lump Sum payment option
Monthly retired pay at 40% in return for at least 20 Years of Service
Automatic 1% Government contribution to a Thrift Savings Plan account
Up to an additional 4% Government-matching contributions to a TSP account based on Service member
contribution rates
