Blog Archives

myPay 101

What is myPay? myPay is an innovative, automated system that puts you in control of processing certain discretionary pay data items without using paper forms. You can also get your pay and tax statements, and travel advice of payment using myPay. Why should I use myPay?  myPay saves time. myPay eliminates the need to write letters or fill out forms by letting you make your own changes immediately with user-friendly technology. myPay is convenient. You can access myPay nearly 24 hours a day, 7 days a week to change...

Hearings set on military pay and retirement

A nine-member commission, established by Congress under the National Defense Authorization Act for 2013, is traveling the country to hear testimony from military commanders and other scheduled speakers at public hearings. The Military Compensation and Retirement Modernization Commission is tasked with recommending changes to military pay and retirement programs. Its goal is to help ensure the “long-term health of the all-volunteer force” and provide for a “high quality of life” for “uniformed forces” of the five...

Military Officers Association: White House Budget Proposals ‘Cross the Line’

The Military Officers Association of America (MOAA) condemned President Obama’s proposed cuts in military retirement pay and benefits fee hikes, saying the President’s proposals “cross the line.” The MOAA further announced that intends to use its influence and that of its 380,000-plus members to fight both proposals. The following is verbatim from the MOAA statement of April 11th, 2013: “MOAA opposes the suggested pay cap for currently serving members of the uniformed services of 1% (versus a 1.8% raise by law)...

Shady Investment Companies Still Targeting Retirees and Their Pensions

Need cash fast?  Just turn on daytime television and watch all the commercials that offer to “help” you with your pressing financial needs, should you already have an annuity. Or a car, if you need a small amount of cash. Or a … While promises of quick cash easily obtained isn’t new, what is new is the upswing in the number of companies targeting military retirees and their pensions. These predatory lenders have managed to elude federal and state laws while bilking thousands of dollars from retirees and their families,...

back to top