Retirement Withdrawals. Since the TSP is a retirement plan, there is no penalty for withdrawing your money during retirement. If you stop working for the federal government, you can start making retirement withdrawals when you turn 55. If you keep working for the federal government, you need to wait until you turn 59-1/2.
DFAS military pay dates (active duty and reserve) are the 1 st and 15 th of every month unless those dates fall on a weekend or holiday. Whenever a payday falls on a weekend or holiday, pay is issued on the last workday preceding the 1st and the 15th. Active duty and reserve members are paid twice a month.
Now available: The Military Pay App. Military.com has launched a new app that allows you instantaneous access to information about your pay and allowances from your mobile device. Get the free app for Android or iOS. President Obama has proposed a 1.3% military pay raise for 2016.To see the proposed 2016 pay rates, visit the Military.com Pay Chart page, which also includes current pay rates for 2015. Currently, the military compensation system has over 70 separate types of pay and allowances -- that's a lot to keep track of.resident Obama has proposed a 1.3% military pay raise for 2016. To see the proposed 2016 pay rates, visit the Military.com Pay Chart page, which also includes current pay rates for 2015.