March 2012 Newsletter

Managing Your Retired Pay Account
Delivering your pay accurately and on time every time is our top priority. To do that, we often rely on the information you provide us. This issue of our quarterly newsletter will help you understand and manage your retirement pay.

Come to our Facebook Town Hall!
Retirees: We're hosting our first Facebook town hall meeting May 8 from 3 to 5 p.m. Eastern. You're invited to chat with Retired and Annuitant Pay experts, who'll answer your questions live.

Use myPay Regularly to Manage Your Account
The most convenient way to manage your pay is through myPay, the official online account management system for military members and retirees.  Find out what it does and how to get started.

Keep Your Basic Information Up To Date
Keeping DFAS in the know about changes to your personal or banking information is critical. One misstep could result in missing monthly payments or important information we mail you throughout the year.

How Department of Veterans Affairs Pay Affects Retired Pay
While DFAS and the Department of Veterans Affairs (VA) are separate agencies, we do work together.  In many cases, a change in your VA pay will cause a change to your retired pay.

How CRDP Works
Concurrent Retirement and Disability Pay decreases your VA waiver so that we can pay you more in retirement.  Find out who’s eligible and how we pay it.

CRSC: What You Need to Know
If you get monthly payments from the Department of Veterans Affairs (VA), you might qualify for Combat Related Special Compensation. Learn who qualifies and how to apply.

Power of Attorney: What is it and who should have one?
As they become older, many retirees and annuitants choose to have a loved one handle their account. Read about Powers of Attorney (POA) to find out if and when your family should consider one.

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