Military Retired Pay Newsletter
As a sevice to our readers who are reciveing Military Retired Pay or to hope to be recieving it in the future, here’s the latest:
Director’s Corner:
As the newly appointed director for Retired Pay Operations, we wish farewell to Mr. Douglas W. Smith, who has accepted another position within the Defense Finance and Accounting Service.
As Director, I would like to take this opportunity to introduce myself. I am an active duty Navy Commander, with over 15 years on active duty. During this period I was the Supply Officer on two Amphibious Ships and a forward deployed Amphibious Staff. I have five overseas deployments in support of numerous operations, including an individual augmentation deployment on the ground in Iraq. Read more at http://www.dfas.mil/rna-news/october2008/directorscorner.html
Special Survivor Indemnity Allowance:
Section 644 of the National Defense Authorization Act (NDAA) for Fiscal Year 2008 created the Special Survivor Indemnity Allowance (SSIA). This allowance is payable to all Survivor Benefit Plan (SBP) annuitants whose annuity has been offset for receipt of Dependency and Indemnity Compensation (DIC) from the Department of Veterans Affairs (DVA). Read more at http://www.dfas.mil/rna-news/october2008/specialsurvivorindemnityallowance.html
Combat-Related Special Compensation (CRSC) and Concurrent Retirement and Disability Payments (CRDP) Open Season:
If a retiree is eligible for both CRDP and CRSC, he/she may participate in the CRDP/CRSC Open Season. Read more at http://www.dfas.mil/rna-news/october2008/crscandcrdpopenseason2009.html
Keeping Your Account Updated:
It is important that all retirees periodically review your military retirement pay account status to ensure all information is up-to-date. Read more at http://www.dfas.mil/rna-news/october2008/keepingyouraccountupdated.html
Paid-up Retired Serviceman’s Family Protection Plan (RSFPP) and Survivor Benefit Plan (SBP):
There is some good news for retirees who elected coverage under the Retired Serviceman’s Family Protection Plan (RSFPP) or the Survivor Benefit Plan (SBP). Read more at http://www.dfas.mil/rna-news/october2008/paid-uprsfppandsbpupdate.html
Security Concerns and myPay Advantages:
The Defense Finance and Accounting Service is dedicated to helping to protect against identity theft and fraud. In the continued effort to ensure privacy and security, myPay has some valuable information to protect personally identifiable information. Read more at http://www.dfas.mil/rna-news/october2008/securityconcernsandmypayadvantages.html
DFAS Museum:
Corporate Communications has embarked on a treasure hunt of sorts - rummaging through warehouses, attics, and other imaginable and unimaginable places in search of artifacts to be put on display in a new Defense Finance and Accounting Service museum that will be created in Indianapolis’ Maj. Gen. Emmett J. Bean Federal Center. Read more at http://www.dfas.mil/rna-news/october2008/dfasmuseum.html
Tax Statements Available on myPay:
Below is the schedule for viewing your tax statement on myPay for the tax year 2008:
December 10, 2008 Retiree Account Statement
December 15, 2008 Retired 1099R
December 15, 2008 Annuitant Account Statement
December 15, 2008 Annuitant 1099R
Related posts:
- Military Retirement — Special Six-Part Series — Part 5 — Spouse Benefits
- Military Retirement — Special Six-Part Series
- Military Retirement — Special Six-Part Series
Related posts brought to you by Yet Another Related Posts Plugin.
Did you enjoy this post? Why not leave a comment below and continue the conversation, or subscribe to my feed and get articles like this delivered automatically to your feed reader.
The above information is from the Defense Finance and Accounting Service (DFAS) Retired Pay Newsletter for October 2008. Recipients of military retired pay can subscribe to this newsletter and receive it monthly via email. The email version also contains a link to the entire newsletter in .pdf format.