Retirement News | Military Times

Tricare open enrollment begins — and your costs may go up

If you want to make changes to your Tricare coverage, or enroll in a plan, you must do it by the open season deadline.

3 months ago

CVS returns to the military Tricare pharmacy network. Walmart’s out

Walmart officials, who signed an agreement with Express Scripts Sept. 30 to continue in the network, were surprised by the news they're out.

3 months ago

Ensign Kaitlyn Leibing, right, helps Hospitalman Angela Mello don personal protective equipment (PPE) before entering a COVID-19-positive, non-critical patient’s room at Naval Medical Center San Diego on Aug. 4, 2020.

Pay & Benefits

Moving more military patients out of MTFs could cause them ‘significant harm,’ study finds

Military patients are getting better quality of inpatient care in MTFs, compared to those getting care in local civilian hospitals.

Pharmacy costs increasing Jan. 1 for active-duty families, retirees and others

After holding the line on cost of meds for 2021, Tricare officials are increasing the cost anywhere from $1 to $8 for 2022.

4 months ago

More than 500K in the military community need to renew their expired ID cards soon

Also, no more ID cards for 10-year-old children, as DoD moves that eligibility to children ages 14 and older.

4 months ago

Some newly retired sailors’ pay and Tricare benefits affected by technical glitches

The Navy's transition to a new personnel system has also affected some active-duty sailors’ pay, ID cards and Tricare benefits.

4 months ago

Short on expertise, Army Guard, Reserve want to snag retired warrants

Army Secretary Christine Wormuth approved the program on July 1.

7 months ago

Exchange shopping approved for more than half a million DoD, Coast Guard civilians

New policy directs in-store shopping privileges within 30 days for DoD and Coast Guard civilians

10 months ago

Retiree’s wife: Here’s what to do if you think you’re still covered under Tricare Select

“My concern is that we thought we had done it all correctly and were never notified of the error. We ended up spending a month scuba diving without health insurance." -- retiree's wife.

11 months ago

Senators want to extend grace period for reinstating tens of thousands of retirees’ lost Tricare Select coverage

Plan would give retirees a one-year grace period to reinstate Tricare Select.

12 months ago

Nearly 175,000 military retirees, family members may soon have no Tricare Select coverage

This may mean a rude awakening for retirees who haven't set up payments for Tricare Select. But DoD is cutting you some slack.

13 months ago

New in 2021: Are you a retiree who will lose Tricare Select coverage Jan. 1? Here’s what to do.

You'll probably be getting a phone call if you were disenrolled from Tricare Select as a retiree or family member.

13 months ago

Here’s when Armed Forces Retirement Home residents, staff will be offered COVID vaccine

Residents and staff members of Armed Forces Retirement Home are a top priority for the initial deliveries of vaccine.

13 months ago

Here’s when your 2020 military tax statements will be ready

Get your tax statement faster on myPay; retirees' 1099Rs will be available on Dec. 15.

14 months ago

Don’t let your Tricare Select coverage lapse, officials warn retirees

Retirees have until Dec. 31 to set up their payment process for new Tricare Select enrollment fees.

15 months ago

OPM proposes rule to fix the burden of vets’ miscalculated pensions

The rule would enable agencies to front the cost of miscalculated retirement deposits, rather than the employees themselves.

15 months ago

From free tacos to haircuts and lube jobs, Veterans Day discounts and deals are waiting

Some businesses are still offering discounts for military and veterans amid the COVID pandemic.

15 months ago

More than 5 million military family members, retirees are getting new ID cards

The technology also sets the stage for the future when cardholders will be able to go online and get their ID card through the proper vetting process, without going to an ID office.

17 months ago

More dental and vision insurance plans to be offered for 2021 open season

The Federal Employees Dental and Vision Program will offer more coverage options due to a competitive selection process, according to the Office of Personnel Management.

18 months ago

Don’t let COVID derail your Thrift Savings Plan

Don't fall prey to fraudsters who want you to take money out of your TSP to invest in their high-risk product.

18 months ago

Here’s how a new plan could help shore up finances of troubled enlisted retirement home

Mega project would build residential, retail, art spaces and sports and wellness venues open to the public, and bring in millions in revenue for the troubled enlisted retirement home.

2 years ago

Serve in the military? We are offering a free review of your investments

We'll hook you up with a financial adviser to review your investments for free.

2 years ago

Are you a military spouse or retiree affected by the shutdown? Here are some options if you need help.

Military relief societies, others can offer assistance to spouses, retirees, some reservists who work for other shutdown federal agencies.

3 years ago

1 in 3 eligible active-duty troops signed up for DoD’s new retirement system

But six out of 10 active-duty Marines took the plunge into the Blended Retirement System. What were your service's numbers?

3 years ago

Last chance: Don’t miss these deadlines today for retirement, health care benefits

Want to enroll in the new Blended Retirement System? Change your Tricare plan? Today's the deadline

3 years ago

Retired Marine ‘man hunter’ now tracking Montana runaways

He earned the nickname “Man Hunter” overseas for his knack for tracking down wanted terrorists.

3 years ago

This Air Force captain wants to retire at age 44 with the full military retirement.

Here's why this Air Force officer chose to stay with the legacy retirement system.

3 years ago

For this sailor, the new blended retirement system is a safe bet

The BRS is just one military benefit this sailor is using to prepare for the future.

3 years ago

Military Retirement

Comprehensive news and information from Military Times about the military retirement system

If you want to make changes to your Tricare coverage, or enroll in a plan, you must do it by the open season deadline.

Walmart officials, who signed an agreement with Express Scripts Sept. 30 to continue in the network, were surprised by the news they're out.

Military patients are getting better quality of inpatient care in MTFs, compared to those getting care in local civilian hospitals.

After holding the line on cost of meds for 2021, Tricare officials are increasing the cost anywhere from $1 to $8 for 2022.

Also, no more ID cards for 10-year-old children, as DoD moves that eligibility to children ages 14 and older.

The Navy's transition to a new personnel system has also affected some active-duty sailors’ pay, ID cards and Tricare benefits.

Army Secretary Christine Wormuth approved the program on July 1.

New policy directs in-store shopping privileges within 30 days for DoD and Coast Guard civilians

“My concern is that we thought we had done it all correctly and were never notified of the error. We ended up spending a month scuba diving without health insurance." -- retiree's wife.

Plan would give retirees a one-year grace period to reinstate Tricare Select.

This may mean a rude awakening for retirees who haven't set up payments for Tricare Select. But DoD is cutting you some slack.

You'll probably be getting a phone call if you were disenrolled from Tricare Select as a retiree or family member.

Residents and staff members of Armed Forces Retirement Home are a top priority for the initial deliveries of vaccine.

Get your tax statement faster on myPay; retirees' 1099Rs will be available on Dec. 15.

Retirees have until Dec. 31 to set up their payment process for new Tricare Select enrollment fees.

The rule would enable agencies to front the cost of miscalculated retirement deposits, rather than the employees themselves.

Some businesses are still offering discounts for military and veterans amid the COVID pandemic.

The technology also sets the stage for the future when cardholders will be able to go online and get their ID card through the proper vetting process, without going to an ID office.

The Federal Employees Dental and Vision Program will offer more coverage options due to a competitive selection process, according to the Office of Personnel Management.

Don't fall prey to fraudsters who want you to take money out of your TSP to invest in their high-risk product.

Mega project would build residential, retail, art spaces and sports and wellness venues open to the public, and bring in millions in revenue for the troubled enlisted retirement home.

We'll hook you up with a financial adviser to review your investments for free.

Military relief societies, others can offer assistance to spouses, retirees, some reservists who work for other shutdown federal agencies.

But six out of 10 active-duty Marines took the plunge into the Blended Retirement System. What were your service's numbers?

Want to enroll in the new Blended Retirement System? Change your Tricare plan? Today's the deadline

He earned the nickname “Man Hunter” overseas for his knack for tracking down wanted terrorists.

Here's why this Air Force officer chose to stay with the legacy retirement system.

The BRS is just one military benefit this sailor is using to prepare for the future.