mickeyd
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
I caught this little tidbit from an email from MOAA recently. It's only a once-in-a-while change, but your pension payment will show up earlier in October. The good news...
The bad news ...
Normally, military retired pay is processed on the first day of the month, but when that fell on a weekend or holiday, the previous law delayed retired pay checks until the day after the weekend/holiday.
The recent law change now requires DFAS to process retiree pay on the preceding business day when the first day of the month falls on a weekend or national holiday.
This affects retired pay checks previously scheduled for Oct 3, 2011 and Jan 3, 2012, but which now will be issued on Sep 30, 2011 and Dec 30, 2011 respectively.
The bad news ...
The bad news (for 2011, anyway) is that, for tax purposes, retirees will see 13 rather than the normal 12 payments for calendar year 2011
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