U.S. Army MWR
 



Defined Benefit Retirement Plan

 

These are features of the Army NAF Retirement Plan:

  • Effective 1 Jan 01, participation mandatory for new hires, re-hires and newly eligibles for the first 6 months of eligibility  
  • Costs you 2% of Gross Wages 
  • 5 years participation > You will receive monthly benefit at retirement for life 
  • Your contributions normally are returned within 1-3 years of monthly retirement benefits, then for the rest of your life, you will receive all NAF money. And your spouse will receive a benefit for the rest of his/her life too if you pre-decease your spouse. 
  • May purchase up to 5 years of military service (provided the military service is not already providing you a retirement benefit, or you have not used the military service in another company's retirement plan) - Military Service Purchase Program 
  • Credit for service of non-redeposit of retirement plan refunds 


Retirement Plan Information Material:
 
Retirement Booklet
Retirement Plan Documents

John Hancock*

Valuation 2003
Valuation 2004
Valuation 2005
Valuation 2006
Valuation 2007
Valuation 2008
Valuation 2009
Valuation 2010
Valuation 2011
Valuation 2012


*No official U.S. Army or Department of Defense endorsement implied by the use of external links.

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