Air Force Global Strike Command   Right Corner Banner
Join the Air Force

News > New mandate requires electronic pay
New mandate requires electronic pay

Posted 1/11/2013   Updated 1/11/2013 Email story   Print story

    


by Senior Airman Katherine Holt
2nd Bomb Wing Public Affairs


1/11/2013 - BARKSDALE AIR FORCE BASE, La.  -- Electronic funds transfer for military pay will be mandatory for all service members, retirees and Department of Defense civilians beginning March 1, according to the U.S. Department of Treasury.

The Defense Finance and Accounting Service encourages all affected personnel to set up a direct deposit to their bank accounts prior to the changeover.

"The Treasury has estimated that the U.S. government spends about $130 million each year to print and mail paper checks," said David McDermott, DFAS deputy director of operations. "DFAS alone spends $2 million that would otherwise be used by the military services and DOD agencies in support of our warfighters."

With the change affecting retirees and their annuitants, the Barksdale Retiree Activities Office also offers assistance to community members.

"The RAO is more than willing to help retirees out, in the office or on the phone, for what's needed to transition from paper to electronic deposit," said Col. (Ret) Steven DePyssler, RAO director.

For more information on the mandate, visit the DFAS website at www.dfas.mil/mandatoryeft.html.



tabComments
1/11/2013 5:42:15 PM ET
That sure beats the way it was done in the good old days. We were paid in cash by rank and alphabet. I was a one striper and a Smith. About every three months the paymaster would run out of money and we'd have to wait a month to see if he had enough this time.
Jim Smith, Michigan
 
Add a comment

 Inside AFGSC

ima cornerSearch


Site Map      Contact Us     Questions     USA.gov     Security and Privacy notice     E-publishing  
Suicide Prevention    SAPR   IG   EEO   Accessibility/Section 508   No FEAR Act