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.
Thanks --Kraftlos (Talk)(Contrib) 09:37, 22 November 2008 (UTC) Prior military service is counted to adjust your Federal hire date that is used to calculate certain benefits such as your leave category. However, if you receive military retired pay your military time is not used for this. Depending on the job posting and your VA disability rating, one can receive hiring preference but not increased steps.