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.
President Obama signed the 2015 National Defense Authorization Act which includes a 1 percent increase in military pay for 2015. The military pay scales below apply to active members of the Navy, Marines, Army, Air Force, and Coast Guard.The linked tables reflect 2015 monthly pay based on the 1 percent pay raise, which is effective as of January 1, 2015.he military pay scales below apply to active members of the Navy, Marines, Army, Air Force, and Coast Guard. The linked tables reflect 2015 monthly pay based on the 1 percent pay raise, which is effective as of January 1, 2015.