Military Pay Archive

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Thrift Savings Plan

The Thrift Savings Plan (TSP) is a Federal Government-sponsored retirement savings and investment plan. Congress established the TSP in the Federal Employees' Retirement System Act of 1986. The purpose of the TSP is to provide retirement income. The TSP is a defined contribution plan. The retirement income that you receive from your TSP account will depend on how much you have contributed to your account during your working years and the earn... more

Military Travel and Per Diem Rates

Travel

Per Diem is a daily allotment to reimburse servicemembers for the out-of-pocket cost of food, lodging and incidental expenses that occur while on military business or temporary assigned duty (TDY or TAD) away from their home station. Per Diem sets the limit to how much a servicemember can be reimbursed for meals and lodging. The following is a summary of how the Per Diem works: The Per Diem Allowance Each year the DoD Per Diem, Travel and Tr... more

Taxable Income From Retired Pay

Retired pay, like other income, is subject to Federal income taxation unless wholly or partially exempted by statute. The Defense Finance and Accounting Service in Cleveland (DFAS-CL) computes the amount to be withheld from retired pay and withholds this amount. Every year, no later than the 25th of January, DFAS-CL will send you an Internal Revenue Service (IRS) Form 1099-R which will show all the taxable retired pay paid and the amount of ta... more

Historical Military Pay Rates

The Defense Finance Accounting and Service (DFAS) maintains an archive of historical pay charts dating back to October 1, 1949. You may find it interesting to see how the current military pay compares to what servicemembers made in the past. The dates below reflect effective dates for the military basic pay rates, which may differ from the effective dates for the various allowances and other pay entitlements. These charts are intended for ref... more

Military Pay Allotments

Pay bills

Update: Service members will soon be blocked from setting up new paycheck allotments for personal property, Defense Department officials have announced. The change, which officials said is designed to protect troops from "unscrupulous commercial lenders," will go into effect Jan. 1, 2015, according to the military announcement. "This will significantly improve protections for all service members and their families, while not significantly redu... more

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