The Director’s Corner by Douglas W. Smith
Welcome to the first issue of the DFAS Retired Pay Newsletter for 2008. This issue contains information on the complete elimination of the Social Security Offset for annuitants, as well as updates on recent legislation and CRSC.... To read more from the director, click here.
Great News - Social Security Offset Eliminated!
As March came to an end, so did the Survivor Benefit Plan (SBP) Social Security Offset. As a result of Public Law 108-375, the Social Security Offset for annuitants was eliminated effective April 1, 2008... To read more about the social security offset, click here.
Legislation Update - National Defense Authorization Act Public Law 110-181
Special interest to Retirees and their Annuitants are the new legislation updates to Section 641: Expansion of Combat-Related Special Compensation (CRSC), Section 642: Inclusion of Veterans with Services connected disabilities, and Section 644: Special Survivor Indemnity Allowance... To read more on new legislation, click here.
CRSC Eligibility under Disability Retirement
For those retirees who are eligible for CRSC entitlement, but retired under a disability retirement law, an offset is calculated before CRSC entitlement is calculated... To learn more on how CRSC entitlement is calculated, click here.
New Look - Data for Payment of Retired Personnel
The DD Form 2656 "Data for Payment of Retired Personnel" was revised. The date of the revised form is February 2008... To read more about the changes to DD Form 2656, click here.
Retiree Seminars and Conferences
Are you aware that DFAS participates with the Services in holding Retiree Seminars throughout the year at various locations? Seminars are typically one day and provide a forum for updating retirees and annuitants on pay matters as well as issues such as legislative updates... To read more the Retiree Seminars and Conferences, click here.
Attention Ohio Residents
Governor Ted Strickland has signed into law relief from taxes for military members, including retirees, whose home of residence is in the state of Ohio. Effective for taxable years beginning after December 31, 2007, military retired pay from the active or reserve components of the U.S. Army, Navy, Air Force, Marines, Coast Guard, and the National Guard ... To read more about Ohio's tax law, click here.