JULY 16, 2019 - At the Army & Air Force Exchange Service, every day is a tax holiday. While several states are offering back-to-school tax-free weekends, military shoppers can double up on the savings as the Exchange is offering an additional discount to match the local tax savings. Exchanges in the 16 states that are hosting tax holidays will offer a percentage off … [Read more...]
Army Reduces Insurance Payments for Weather, Natural Disasters
JUNE 28, 2019 - Effective May 29, the Army will no longer pay claims for personal property loss due to weather and natural disasters. On May 29, Secretary of the Army Mark T. Esper signed Army Directive 2019-21, Restrictions on Personnel Claims Payments, eliminating payments to Soldiers and Department of the Army civilians for damage or destruction of personal property … [Read more...]
Reserve Retirement Pay: Have You Done Your Homework
JANUARY 24, 2019 - For those serving as traditional Reserve Soldiers in the Army Reserve, receiving that 20-year retirement letter can feel like winning the lottery. But did you know that just because you have that golden ticket doesn’t mean you will automatically start receiving retirement pay when you turn 60? There are requirements that you must meet in order to start … [Read more...]
Defense Department Successfully Closes Blended Retirement System Opt-In Window
JANUARY 15, 2019 - The Blended Retirement System opt-in enrollment period closed at midnight on Dec. 31, 2018, capping off the successful roll-out of a new retirement system for members of the uniformed services. More than 400,000 DOD service members chose to opt into BRS during the enrollment period, and more than 150,000 new members were automatically enrolled upon entering … [Read more...]
Deadline Approaching to Opt in to Blended Retirement System
NOVEMBER 29, 2018 - Service members have just one month left to make a decision about opting in to the blended retirement system, Jeri Busch, the Defense Department’s director of military compensation policy, said here today. Congress authorized the new system in 2016 and it went into effect on Jan. 1. While all soldiers, sailors, airmen, Marines and Coast Guardsmen who … [Read more...]