Retiree pay dates changing

Special to the News

Updated: Sep 15, 2011, 12:30 PM

Published: Sep 14, 2011, 5:03 PM

CLEVELAND — Paydays for military retirees and those who receive portions of retired pay are changing for September and December as the Defense Finance and Accounting Service changes its pay schedule to comply with the 2011 National Defense Authorization Act.
The 2011 NDAA requires military retiree pay to be processed on the first day of the month. When that day falls on a weekend or national holiday, the pay date is moved to the previous business day.
This year, payments normally scheduled for Oct. 3 will be issued Sept. 30, and payments normally scheduled for Jan. 3 will be issued Dec. 30. For the 2011 calendar year, military retirees will receive 13 payments rather than the usual 12.
The 13th payday on Dec. 30 falls within the 2011 tax year, which could affect the tax liability of some retirees and those who receive portions of their retired pay. Customers should speak with a tax advisor, the Internal Revenue Service or their state tax authority to determine if their tax withholding will satisfy federal and state income taxes when they file returns next year. DFAS cannot provide tax advice.
For tax year 2012 and beyond, retirees will receive their normal 12 payments.
This change affects regular retired pay, concurrent retirement and disability pay, and combat-related special compensation. The new rule also applies to retiree allotments, garnishments and court-ordered former spouse and child support payments. It does not affect annuity payments.
If retirees need to make changes to their federal or state tax withholding, the quickest and most secure way to do so is through myPay. Available 24 hours a day, seven days a week, myPay enables eligible users around the world to make routine changes to their pay information, including tax withholding, that become effective within days.
Customers who cannot access myPay can change federal withholding amounts by completing a new IRS form W-4 or W-4P, or change state withholding amounts using a DD 2866. These forms can be found on the DFAS website, www.dfas.mil/retiredmilitary/forms.html, and once completed should be faxed to 800-469-6559 or mailed to the following address:
Defense Finance and Accounting Service U.S. Military Retired Pay, P.O. Box, 7130 London, Ky., 40742-7130.
It may take up to 30 days for changes to be made when mailing a paper form.

Exchange Service salutes Vietnam vets with custom truck design

Bryan County News

Published: Apr 10, 2018, 1:53 PM

To thank Vietnam veterans for their sacrifices, the Army and Air Force Exchange Service is debuting a new truck design, part of the Department of Defense retailer’s efforts alongside the United States of America Vietnam War Commemoration to honor veterans during the 50th anniversary of the war.

“The Exchange is privileged to have the opportunity to recognize Vietnam veterans through our fleet,” said Exchange Director/CEO Tom Shull, who served in the Army during the Vietnam era. “These trucks will serve as rolling billboards, expressing gratitude for all who served during this era.”

The truck design features the silhouette of a lone service member set against the background of a faded horizon with a call to “thank a Vietnam veteran for service to our nation.” The single military member represents the warfighters who served during this time.

Three trucks in the fleet feature the commemorative design and will deliver merchandise to Exchange stores from the organization’s distribution centers in the continental United States.

The West Coast Distribution Center at Sharpe Army Depot in California; Dan Daniel Distribution Center in Newport News, Va.; and the Waco Distribution Center in Texas will each have a truck in service on their standard delivery routes, serving the whole country.

Air Force veteran Pat Thompson served in Vietnam before coming to the Exchange as a truck driver and mechanic. In his 18 years with the Exchange, he has deployed four times to support the troops. The new design means a lot to him.

“They remember,” said Thompson, who is based at the Exchange’s Waco Distribution Center. “We want to be remembered.”

The trucks also highlight the veteran online shopping benefit, which launched in November. The lifelong online military exchange benefit authorizes all who served honorably to enjoy tax-free shopping and exclusive military pricing at ShopMyExchange.com.

The United States of America Vietnam War Commemoration is a program administered by the Office of the Secretary of Defense to commemorate the 50th anniversary of the Vietnam War. The U.S. began commemoration of the Vietnam War’s 50th anniversary in 2012 and will continue through Veterans Day 2025.

The Exchange is a 50th Anniversary Vietnam War Commemorative Partner, planning and conducting events and activities that recognize Vietnam veterans and their families for service, valor and sacrifice in conjunction with the commemoration.

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