The Thrift Savings Plan (TSP) annual addition limit
If you work in a combat zone anytime during the calendar year and also contribute to the Thrift Savings Plan (TSP), the annual addition limit is important to understand. Learn more about the annual addition limit of TSP here.
Defense Manpower Data Center (DMDC) Web site provides service certificates for Servicemembers’ Civil Relief Act of 2003 (SCRA)
A new free service is available on a Defense Manpower Data Center (DMDC) Web site to obtain certificates of current active duty service needed for creditors under the Servicemembers’ Civil Relief Act of 2003 (SCRA). To learn more about the DMDC, click here.
New policy for death gratuity beneficiary designations
You may want to update your DD Form 93, Record of Emergency Data, due to recent changes to death gratuity beneficiary policies. Learn more about the policy changes here.
TreasuryDirect Program
Did you know that you can buy U.S. Savings Bonds in electronic form and hold them directly with the U.S. Treasury over the Internet? You can even convert your paper savings bonds into electronic form and hold them in an account with the government. Both are possible when you open a TreasuryDirect account. Be sure to check out more information on the TreasuryDirect Program here.
Navy Wounded Warrior (WW) Pay Support
The January 2008 newsletter featured an article on the Army Wounded Warrior Pay Program. This month, we’ll focus on the Navy’s Wounded Warrior Program. More information on the Navy Wounded Warrior Program is available here.
Do you know your entitlements?
1. Basic Allowance for Housing (BAH) and Household Goods. If the member is storing their household goods at government expense while on temporary change of station orders, can he/she still receive BAH? For the answer, click here.
2. Leave. How many days of accumulated leave can members of the armed forces carry over if they are not serving in areas designated for greater carryover or in support of contingency operations? For the answer, click here.
NEW NEWSLETTER FEATURE:
***In order to download the entire March 2008 Military Pay Newsletter in .pdf format, please click here. ***
