Key to Managing Your Retirement Pay: Maintaining Your myPay Account The key to effective day-to-day management of your retirement pay is creating and maintaining a myPay account. myPay is the most important tool for managing your pay. The email address you enter into myPay will also become our primary way of staying in touch with you and keeping you current. For retirees and annuitants, there is nothing more important than creating, using and maintaining the security of your myPay account.