CNA_提高金融素养：CNA发展国防部金融教育战略圆桌会议的建议.pdf

a.org 3003 Washington Blvd,Arlington,VA 22201 703-824-2000 1 Improving Financial Literacy:Recommendations From CNAs Roundtable on Developing a DOD Financial Education Strategy The National Defense Authorization Act(NDAA)for Fiscal Year 2016 contains the Military Compensation and Retirement Modernization Commissions recommended changes to the current defined-benefit retirement system available to servicemembers with 20 or more years of service.The new retirement system,which will be effective for all new servicemembers in 2018,will offer a mix of defined-contribution and defined-benefit aspects and vests benefits for those with as few as two years of service through their Thrift Savings Plan(TSP)accounts.Unlike the defined-benefit retirement system,TSP investment growth is subject to fluctuations in the stock market and the economy.Selecting riskier investment options could leave some servicemembers with far less or far more savings than their peers when they retire.1 Furthermore,those who entered service between 2006 and 2018 will have to choose between staying in their current defined-benefit plan and opting for the new blended plan.For these reasons,Section 661 of the NDAA for F