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…

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…

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…

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…