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  • Reserve Drill Pay Calculator

    Please visit our new Military Pay Charts page for up-to-date information on Reserve member pay. more

  • How to Read a Military LES

    Understanding your LES

    If you've ever faced a deployment, you know one of the first things you'll be told to do for family readiness is to get a copy of your spouse's Leave and Earnings Statement (LES) -- and to make sense of it. Even if a deployment isn't on your horizon, it's good to be familiar with the LES. We've heard horror stories about spouses learning their husbands turned down SGLI, and others for whom extra pay was (surprise!) deposited into their ... more

  • myPay 2015 Tax Documents Schedule

    Taxes

    DFAS customers with myPay access (https://mypay.dfas.mil/mypay.aspx) will be able to obtain their tax statements online on the day they are posted using the secure and convenient pay management system. Additionally, military retirees and annuitants can download their 2015 account statements with information on wages, tax withholdings and allotment information. 2015-6 tax statement myPay and USPS mail schedule:    ... more

  • COLA for Retired Pay

    Vietnam veterans Robert Rivers and Daniel Brown

    Each year your military retirement pay is adjusted to meet the increased cost of living. This Cost of Living Adjustment varies from year to year based on the rise and fall of the Consumer Price Index (CPI). Cost-of-Living Adjustment Explained Each year Military Retirement pay, Survivor Benefit Plan Annuities, VA Compensation and Pensions, and Social Security benefits are adjusted for the rate of inflation. This annual Cost of Living Adjustme... more

  • 2016 Cost-of-Living Allowance (COLA)

    COLA

    The Cost of Living Allowance or COLA helps offset the effects of higher living expenses that servicemembers stationed in expensive locations within the United States are faced with. As a servicemember, you can expect to be stationed virtually anywhere in the country. During your career, you are likely to be assigned to a variety of low, moderate, or high cost locations. Although private sector pay often reflects the local cost-of-living, mili... more

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