Pay & Benefits

Your 2023 Military Times Pay and Benefits Guide

Service members should know how their pay and benefits have changed in 2023, whether its for health care, retirement, education, housing or something else.

Thrift Savings Plan participants sue over access to funds

The TSP, which has some $800 billion in assets, announced a year ago that it was standing up a new system to improve customer service.

5 days ago

Credit union ready with military paycheck assistance if U.S. defaults

Credit union members must be participating in direct deposit, and must register for the program.

12 days ago

Mil Money

Another career logistician takes the helm of the commissary agency

The new director says he appreciates the impact of the commissary benefit on quality of life of troops and families.

DoD pauses debt collection for retirees overpaid due to Navy error

“I’m sure DFAS is looking at the Navy like, what the hell did you do to us?," said one affected retiree.

3 weeks ago

Military exchange online shoppers can now buy Home Depot appliances

Eligible military shoppers can buy Home Depot appliances tax-free at the online exchange store and some exchanges on Army and Air Force installations.

3 weeks ago

‘Devastating’ debt default threatens troop pay, defense programs

If Congress fails to raise the debt ceiling, payments to troops, veterans and defense contractors could cease as soon as June.

3 weeks ago

How successful are military spouses in getting federal contracts?

Lawmakers want data on how many military spouse-owned businesses bid for, and win, federal contracts.

4 weeks ago

Advocates decry ‘chilling effect’ of housing companies’ subpoenas

Housing advocates oppose efforts to force them to provide confidential information they say could dissuade military families from seeking their help.

4 weeks ago

Opinion

2023 or bust: Now’s the time to revise your Survivor Benefit Plan

Military retirees have a once-in-a-generation chance to revise their Survivor Benefit Plan during the congressionally-authorized 2023 “SBP Open Season."

4 weeks ago

Could troops get a 100% housing allowance Jan. 1? What that would mean

Defense officials haven't made a decision about whether to restore the full housing allowance, but it could mean at least $100 extra a month for troops.

4 weeks ago

Navy error upends pay for more than 1,200 retirees

A Navy "software issue' has led to issues with the pay of 1,283 retirees.

4 weeks ago

New Tricare dental rates take effect

Increases went into effect May 1.

5 weeks ago