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Exam (elaborations)

PRE TEST BLENDED RETIREMENT SYSTEM (BRS UPDATED QUESTIONS AND VERIFIED ANSWERS

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PRE TEST BLENDED RETIREMENT SYSTEM (BRS UPDATED QUESTIONS AND VERIFIED ANSWERS 1) Key information you'll need when using the BRS calculator to help a Service member with retirement planning includes _____. - CORRECT ANSWERmonthly mortgage or rental costs

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April 3, 2025
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Written in
2024/2025
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PRE TEST BLENDED RETIREMENT SYSTEM (BRS
UPDATED QUESTIONS AND VERIFIED ANSWERS
1) Key information you'll need when using the BRS calculator to help a Service member with retirement
planning includes _____. - CORRECT ANSWER✅✅✅monthly mortgage or rental costs



2) A critical role of the FC/E will be to advise eligible Service members whether to stay in the legacy
"High-3" military retirement system or opt into the Blended Retirement System - CORRECT
ANSWER✅✅✅true



3) Active Component (AC) members who have completed fewer than _____ and RC members who have
fewer than _____ as of December 31, 2017, will have the opportunity to opt into the BRS. - CORRECT
ANSWER✅✅✅12 YOS, 4,320 retirement points (correct)



4) The legacy "High-3" military retirement system requires Service members to serve _____ years of
active duty, or 20 or more years of "creditable" service for the Reserve Component (must earn at least
50 retirement points per retirement year), in order to qualify to receive retired pay. - CORRECT
ANSWER✅✅✅20 (correct)



5. An RC member must be in a pay status and have _____ retirement points as of December 31, 2017 in
order to qualify to opt into the BRS. - CORRECT ANSWER✅✅✅less than 4,320 (correct)



6) For new Accessions after December 31, 2017, once a Service member completes 2 full years of
service, the Government will begin matching member TSP contributions up to _____ percent of basic
pay in addition to a 1 percent automatic contribution after 60 days of service. - CORRECT
ANSWER✅✅✅4



7) Service members who participate in the BRS may be eligible to receive Continuation Pay at the
completion of _____ years of service (YOS) based on pay entry base date (PEBD). - CORRECT
ANSWER✅✅✅12



8) The formula for retired pay under the BRS is _____ x years of service x the average of the highest 36
months of the Service member's basic pay - CORRECT ANSWER✅✅✅2.0

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