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Military Pay
Estimated Earnings During
Military Service
For Civil Retirement Purposes
COMMISSIONED
OFFICERS
The Act generally provides
that members of the U.S. Armed Forces performing services for
the peacekeeping efforts in a "qualified hazardous duty
area" are treated for tax purposes in the same manner as
if the area were a combat zone (as determined under Section
112 of the Internal Revenue Code).
Money Issues
Savings
Bonds
The savings bond system allows ACTIVE DUTY
MEMBERS for all branches of military service, to request bonds
they have purchased through allotment deductions to be kept in
safekeeping. These bonds are held until the member requests
the bonds to be mailed to a current mailing address
Thrift Savings
Plan
The Thrift Savings Plan (TSP) is a retirement
savings and investment plan for Federal employees. Congress
established the TSP in the
Federal
Employees' Retirement System Act of 1986. The purpose of the
TSP is to provide retirement income.
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Allowances
Basic
Allowance for Housing
PER DIEM RATES WORLDWIDE
Prescribe overseas allowances, housing, Cost
of Living (COLA), Temporary Lodging (TLA), Evaluation.
Prescribe CONSUS Allowances, Variable Housing (VHA),
Temporary Lodging Expenses (TLE), Evacuation, CONSUS COLA.
Entitlements, PCS Travel and Transportation of
members/Dependents, Household Goods and POVS, TD.
BAH is based on geographic
duty location, pay grade, and dependency status. The intent of
BAH is to provide uniformed service members accurate and
equitable housing compensation based on housing costs in local
civilian housing markets, and is payable when government
quarters are not provided.
BASIC
ALLOWANCE FOR SUBSISTENCE (BAS) 2000
The only rates considered official are in the DFAS computer
database and are the ones used for all pay calculations.
The GSA Value Lodging Program
(formerly known as "Best Available Lodging Value") is
designed to demonstrate to the industry that the federal
government can direct its market share to specific properties by
providing a "best value" alternative to travelers.
The purpose of this new program
is to provide travelers with increased room availability, safe
and convenient locations, additional complimentary amenities,
and rates within per diem allowance. The majority of hotels
selected are offering these enhancements.
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