R 201733Z DEC 16
FM CNO WASHINGTON DC
INFO CNO WASHINGTON DC
PASS TO OFFICE CODES:
FM CNO WASHINGTON DC//N1//
INFO CNO WASHINGTON DC//N1//
MSGID/GENADMIN CNO WASHINGTON DC/N1/DEC//
SUBJ/BLENDED RETIREMENT SYSTEM PERSONAL FINANCIAL COUNSELOR AND EDUCATOR
REF/C/DOC/CNO WASHINGTON DC/191539ZJUL16/
REF/D/DOC/CNO WASHINGTON DC/271444ZSEP16/
REF/E/DOC/CNO WASHINGTON DC/281546ZNOV16/
NARR/REF A IS NATIONAL DEFENSE AUTHORIZATION ACT FISCAL YEAR 2016.
REF B IS SECTION 992 OF TITLE 10 U.S. CODE, FINANCIAL LITERACY
TRAINING: FINANCIAL SERVICES. REF C IS NAVADMIN 161/16, U.S. NAVY FINANCIAL
LITERACY EDUCATION IMPLEMENTION PLAN. REF D IS NAVADMIN 217/16, ANNOUNCEMENT
OF THE BLENDED RETIREMENT SYSTEM FOR THE UNIFORMED SERVICES. REF E IS
NAVADMIN 259/16, NOTIFICATION OF ELIGIBILITY TO OPT-IN TO THE BLENDED
RMKS/1. This NAVADMIN is the fourth in a series of NAVADMINs notifying the
Navy of the Blended Retirement System (BRS) and financial literacy education
requirements. These requirements are designed to inform and educate Sailors
and their families, as required by references (a) and (b) and supported by
references (c) through (e), in order to make sound financial decisions.
2. To support BRS Opt-in training in calendar year 2017, all financial
educators fleet-wide must complete the BRS Financial Counselor and Educator
Course no later than 30 January 2017. The following actions are required:
a. Naval Education Training Command must ensure all life skills
instructors complete training prior to deadline.
b. Commander, Navy Installation Command must ensure all Fleet and
Family Support Center Personal Financial Managers complete training prior to
c. All commanders must ensure their assigned command financial
specialists complete the required training prior to the deadline.
3. The 60 minute course is available on Joint Knowledge Online (JKO) at
http://jko.jten.mil/ (course #: J3OP-US1331). The course is designed to
equip financial educators with the tools necessary to provide Service Members
with the information and education they need in order to choose which
retirement system is right for them.
4. All personnel in a leadership positions, especially command master
chiefs, command career counselors, and others who offer career and
professional development guidance are strongly encouraged to complete the
course so they can more knowledgeably discuss the BRS with subordinates.
5. All Sailors should be informed, as this course makes clear, no counselor,
educator, or benefits advisor should tell them which retirement system they
should choose. The goal of BRS and financial literacy training is to ensure
Sailors and their families have the information and resources they need to
make their own financial decisions.
6. Point of contact is Mr. James Stone, OPNAV N170C, at (901) 874-6949/DSN
882 or via e-mail at NavyFinMgmt(at)navy.mil.
7. This NAVADMIN will remain in effect until cancelled or superseded,
whichever comes first.
8. Released by Vice Admiral R. P. Burke, N1.//