"...The DoD has released a report that projects that 5.2 percent of retiring officers and 22.8 percent of retiring enlisted will be enticed into taking the lump sum of cash in exchange for deep cuts in their future retired pay.
This controversial feature of the new Blended Retirement System (BRS) gives retirees the option to forfeit 25 or 50 percent of their earned retired pay until age 67 in exchange for a six-figure lump sum buy-out.
Read more about this study and the impact it could have on future retiree's long term retirement benefits...."