DFAS begins recouping separation pay soon

Courtesy of Air Force Retiree News Service from a DFAS release CLEVELAND — Recouping military retirees’ voluntary separation incentive special separation benefit and other separation payments by the Defense Finance and Accounting Service will resume in August. Separation payments and others, such as severance pay, were offered to active-duty servicemembers to reduce manpower in certain […]

Another gaffe in retro pay project

By Tom Philpott: Syndicated columnist As many as 39,000 disabled military retirees have been left out of the VA Retro Pay program by mistake, say officials at the Defense Finance and Accounting Service (DFAS) who are calculating the amount of money owed. This latest and perhaps most serious gaffe in the problem-plagued VA Retro Pay […]

Retro pay reaches 31,000, averages $1,500

By Tom Philpott: Military Update Two months into a year-long review of pay records and disability compensation histories for 140,000 military retirees have produced a total of $45 million in back pay to 31,000 disabled retirees, say officials in charge. The lump-sum payments average about $1,500. Ten retirees have received more than $25,000 each, a […]

Back payments doled out to retirees

By Tom Philpott: Military Update A small group of disabled military retirees this month will be the first of 133,000 to receive lump-sum back payments, which are tied to start-up challenges for two “concurrent receipt” programs enacted since 2003. That’s according to officials with the Defense Finance and Accounting Service (DFAS). The trickle of back […]

Beware of copycat pay sites on the Web

27th Fighter Wing Public Affairs staff report The official MyPay Web site https://mypay.dfas.mil is used by the majority of Airmen who receive information such as leave and earnings statements from the Internet. Defense Finance and Accounting Services (DFAS) personnel have noticed that there are copycat Web sites that mimic military online services with MyPay as […]

New military pay system being readied

by Tom Philpott Starting in, the Defense Finance and Accounting Service will phase in a new, more reliable and effective pay system for the military. Called the Forward Compatible Payroll (FCP), it promises far fewer errors, an easy-to-understand Leave and Earnings Statement for service members, and instantaneous adjustments to pay records FCP “should have a […]