In an effort to meet the required heavy reduction in forces, Congress has given the DoD the authority to reinstitute Temporary Early Retirement Authority -- better known as "15-year retirement." … [Read more...]
DoD: Military Pay is Safe from Sequestration
March 04, 2013 | Terry HowellAccording to The Pentagon Channel, DoD officials have made it clear that military pay and "monetary" benefits will continue despite sequestration. Defense Secretary Leon Panetta said that … [Read more...]
Deadline for Ending Paper Checks
February 27, 2013 | Terry HowellSource: DFAS - Customers respond to mandatory EFT effortFollowing several months encouraging customers to switch from pay checks delivered by mail to electronic payments delivered directly to … [Read more...]
Fiscal Crisis Threatens Military Pay… Again
January 17, 2013 | Terry HowellFile this one under the heading, “The more things change the more they stay the same.”For the last few years each “fiscal crisis” has triggered fear that military servicemembers won’t … [Read more...]
2013 Pay and Allowances Now Official
December 31, 2012 | Terry HowellThe Defense Finance and Accounting Service (DFAS) released the 2013 Military Pay and Allowance charts. This year’s pay raise is 1.7% across the board, and the monthly basic allowance for subsistence … [Read more...]
Are Servicemembers Over Compensated?
December 03, 2012 | Terry HowellGrowth in military pay has exceeded civilian wages over the last ten years, but does that mean they are overpaid? … [Read more...]
Fed to Stop Issuing Paper Pay Checks
October 19, 2012 | Terry HowellSource: Defense Accounting and Finance Service -Military members, military retirees and annuitants, and federal civilian employees receiving paper checks from the Defense Finance and Accounting … [Read more...]
Report Suggests Freezing Military Pay Raises
August 06, 2012 | Terry HowellThe RAND Corporation recently issued a research report for the Office of the Secretary of Defense, titled “Should the Increase in Military Pay Be Slowed?” The intent of the report was to answer … [Read more...]
Report Calls for Changes in Military Pay
June 25, 2012 | Terry Howell
After two years of study, the DoD’s 11th Quadrennial Review of Military Compensation, has made its recommendations. The changes include replacing the combat zone tax exclusion, making changes to … [Read more...]
New Travel Voucher App for Solidiers
April 16, 2012 | Terry HowellThe Defense Finance And Accounting Service announced the launch of an online application to help Army active, reserve and mobilized National Guard Soldiers to complete error-free temporary duty … [Read more...]
DFAS Offers Medical Disability Retirement Calculator
April 02, 2012 | Terry HowellSource: Defense Accounting and Finance Service --If you are considering medically retiring and have questions about your combined post military income after medical retirement, you should check … [Read more...]
Air Force Extends Stop-Loss Pay – Again
March 23, 2012 | Terry HowellFrom this Week’s Military Report:Eligible Airmen, veterans and their beneficiaries now have until midnight Oct. 21, 2012 to apply for retroactive stop loss special pay due to a recently … [Read more...]
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