WEBVTT

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(dramatic music)

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- Hey Marines, Corporal
Samantha Bray here.

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December 31st of this year is the deadline

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for eligible Marines to choose
their retirement system.

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Marines who entered service,

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anytime after January 1st of 2018,

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will automatically be under
the Blended Retirement System.

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Any Marines who joined prior,

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but have less than 12
years time in service,

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have the option, to remain

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under the Legacy Retirement
System or opt in to the BRS.

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The BRS combines the
traditional 20 year pension

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with a Government
Matching Contribution Plan

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via the Thrift Savings Plan.

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Which is similar to those offered

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in private sector 401K plans.

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Marines contributing to their TSP

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will have up to 5%
matched by the government.

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Eligible Marines are required
to register their decision

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to remain Legacy or to opt
in through Marine Online.

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To adjust your TSP contributions

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you must log in to myPay.

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For any questions concerning

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the Blended Retirement
System, email BRS@USMC.MIL.

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And that's your Marine Minute.