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.
2016 Military Pay Scale - Effective January 1st, 2016. The 2016 Basic Pay schedule per the United States President's Defense Budget approved the prior year. Below is the active 2016 Military Pay Scale chart rates (1.3% raise) for all branches of service of the United States military. Enlisted personnel are E grades ranging from E-1 to E-9. For those service branches recognizing a Warrant Officer rank, W grades range W-1 to W-5.