Leave And Earnings Statement
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Leave And Earnings Statement
A Leave and Earnings Statement, generally referred to as an LES, is a document given on a monthly basis to members of the United States military which documents their pay and leave status on a monthly basis. Employees in the civil service receive a similar document each pay period, called a Civilian Leave and Earnings Statement, a link to which the Defense Finance and Accounting Service emails two days prior to the scheduled pay day. Delivery While paper LES documents were originally mailed or handed out in person, it is now almost always retrieved by the member from an online system called MyPay from the Defense Finance and Accounting Service. For United States Coast Guard personnel LES can be retrieved by the member from an online system called Direct Access that is controlled by U.S. Coast Guard Personnel Services Command. Sections There are multiple sections to an LES. Pay The first section lists the monetary entitlements that month. For all members it consists of Basic Pa ...
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Leave And Earnings Statement
A Leave and Earnings Statement, generally referred to as an LES, is a document given on a monthly basis to members of the United States military which documents their pay and leave status on a monthly basis. Employees in the civil service receive a similar document each pay period, called a Civilian Leave and Earnings Statement, a link to which the Defense Finance and Accounting Service emails two days prior to the scheduled pay day. Delivery While paper LES documents were originally mailed or handed out in person, it is now almost always retrieved by the member from an online system called MyPay from the Defense Finance and Accounting Service. For United States Coast Guard personnel LES can be retrieved by the member from an online system called Direct Access that is controlled by U.S. Coast Guard Personnel Services Command. Sections There are multiple sections to an LES. Pay The first section lists the monetary entitlements that month. For all members it consists of Basic Pa ...
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Social Security (United States)
In the United States, Social Security is the commonly used term for the federal Old-Age, Survivors, and Disability Insurance (OASDI) program and is administered by the Social Security Administration (SSA). The original Social Security Act was enacted in 1935,Social Security Act of 1935 and the current version of the Act, as amended, 2 USC 7 encompasses several social welfare and social insurance programs. The average monthly Social Security benefit for August 2022 was $1,547. The total cost of the Social Security program for the year 2021 was $1.145 trillion or about 5 percent of U.S. GDP. Social Security is funded primarily through payroll taxes called Federal Insurance Contributions Act tax (FICA) or Self Employed Contributions Act Tax (SECA). Wage and salary earnings in covered employment, up to an amount specifically determined by law (see tax rate table below), are subject to the Social Security payroll tax. Wage and salary earnings above this amount are not taxed. I ...
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United States Military Pay And Benefits
United may refer to: Places * United, Pennsylvania, an unincorporated community * United, West Virginia, an unincorporated community Arts and entertainment Films * ''United'' (2003 film), a Norwegian film * ''United'' (2011 film), a BBC Two film Literature * ''United!'' (novel), a 1973 children's novel by Michael Hardcastle Music * United (band), Japanese thrash metal band formed in 1981 Albums * ''United'' (Commodores album), 1986 * ''United'' (Dream Evil album), 2006 * ''United'' (Marvin Gaye and Tammi Terrell album), 1967 * ''United'' (Marian Gold album), 1996 * ''United'' (Phoenix album), 2000 * ''United'' (Woody Shaw album), 1981 Songs * "United" (Judas Priest song), 1980 * "United" (Prince Ital Joe and Marky Mark song), 1994 * "United" (Robbie Williams song), 2000 * "United", a song by Danish duo Nik & Jay featuring Lisa Rowe Television * ''United'' (TV series), a 1990 BBC Two documentary series * ''United!'', a soap opera that aired on BBC One from 1965-19 ...
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Air Force Aid Society
Air Force Aid Society (AFAS) is a non-profit, charitable organization that is the official charity of the United States Air Force. The organization is headquartered in Arlington, Virginia. Mission The three-pronged charter supports the Air Force mission by # providing worldwide emergency assistance to members and their families, # sponsoring educational assistance programs, and # offering base community programs that improve Airman/family welfare. # As of early 2015, AFAS was paying for a staff of 21 people, all at its headquarters in Arlington, Virginia Arlington County is a county in the Commonwealth of Virginia. The county is situated in Northern Virginia on the southwestern bank of the Potomac River directly across from the District of Columbia, of which it was once a part. The county is .... Thanks to investment income and operational leverage, each $1 of donations from airmen is complemented by $2 from other sources. References External links Official AFAS s ...
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Navy-Marine Corps Relief Society
The Navy-Marine Corps Relief Society (NMCRS) is an American non-profit organization that was founded in 1904. The society was created "to provide, in partnership with the Navy and Marine Corps Marines, or naval infantry, are typically a military force trained to operate in littoral zones in support of naval operations. Historically, tasks undertaken by marines have included helping maintain discipline and order aboard the ship (refle ..., financial, educational, and other assistance to members of the Naval Services of the United States, eligible family members, and survivors when in need; and to receive and manage funds to administer these programs." NMCRS makes interest-free loans to cover basic living expenses including utilities, housing and food. It also distributes funds for funeral costs, car repairs, insurance, medical bills, and other expenses. In 2020, the society helped more than 28,000 retired and active duty Marines and their families. In 2020, NMCRS launched ...
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Combined Federal Campaign
The Combined Federal Campaign (CFC) is the workplace giving program of the federal government of the United States. The program is authorized by executive order 12353 (as amended) of March 23, 1982, and is overseen by the United States Office of Personnel Management (OPM). Issued by President Reagan, the order states that a CFC objective is "to lessen the burdens of government and of local communities in meeting needs of human health and welfare..." According to OPM's website, the mission of the CFC "is to promote and support philanthropy through a program that is employee focused, cost-efficient, and effective in providing all federal employees the opportunity to improve the quality of life for all". The federal regulations that govern the CFC are at 5 CFR ยง950. Origins In 1957, President Dwight D. Eisenhower promulgated procedures for a program of charitable solicitation in the federal workplace and established the "President's Committee on Fund-Raising Within the Federal Ser ...
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TRICARE
Tricare (styled TRICARE) is a health care program of the United States Department of Defense Military Health System. Tricare provides civilian health benefits for U.S Armed Forces military personnel, military retirees, and their dependents, including some members of the Reserve Component. Tricare is the civilian care component of the Military Health System, although historically it also included health care delivered in military medical treatment facilities. Tricare functions similar to a single-payer healthcare system. The Tricare program is managed by the Defense Health Agency (DHA). Before 1 October 2013, it was managed by the Tricare Management Activity (TMA) under the authority of the Assistant Secretary of Defense (Health Affairs). On that date, TMA was disestablished and Tricare responsibility was transferred to the newly established DHA. The Department of Defense operates a health care delivery system served approximately 9.4 million beneficiaries in 2018. The Departme ...
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Thrift Savings Plan
The Thrift Savings Plan (TSP) is a defined contribution plan for United States civil service employees and retirees as well as for members of the uniformed services. As of December 31, 2020, TSP has approximately 6.2million participants (of which approximately 3.8million are actively participating through payroll deductions), and more than $735.2billion in assets under management; it is the largest defined contribution plan in the world. The TSP is administered by the Federal Retirement Thrift Investment Board, an independent agency. The TSP is one of three components of the Federal Employees Retirement System (FERS; the others being the FERS annuity and Social Security) and is designed to closely resemble the dynamics of private sector 401(k) and Roth 401k plans (TSP implemented a Roth option in May 2012). It is also open to employees covered under the older Civil Service Retirement System (CSRS) but with far fewer benefits (mainly the lack of matching contributions). Eligibi ...
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Servicemembers' Group Life Insurance
Servicemembers' Group Life Insurance (SGLI) is a life insurance program available to all active duty and reserve members of the uniformed services of the United States. Supervised by the United States Department of Veterans Affairs, the program is administered by the Prudential Insurance Company of America. It is available to active-duty members of the Army, Marine Corps, Navy, Air Force, Space Force, Coast Guard, United States Public Health Service Commissioned Corps, and the National Oceanic and Atmospheric Administration Commissioned Corps. Ready reservists, cadets, and midshipmen at the four service academies (but not the Merchant Marine Academy), and members of the Reserve Officer Training Corps are also all eligible. Insurance is available in increments of $50,000, up to a maximum of $400,000. As of July 1, 2019, SGLI premiums are $0.06 per month per $1,000 of insurance, regardless of the member's age. An additional $1 per month is charged for traumatic injury protection ...
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Taxation In The United States
The United States, United States of America has separate Federal government of the United States, federal, U.S. state, state, and Local government in the United States, local governments with taxes imposed at each of these levels. Taxes are levied on income, payroll, property, sales, Capital gains tax in the United States, capital gains, dividends, imports, estates and gifts, as well as various fees. In 2020, taxes collected by federal, state, and local governments amounted to 25.5% of GDP, below the OECD average of 33.5% of GDP. The United States had the seventh-lowest tax revenue-to-GDP ratio among OECD countries in 2020, with a higher ratio than Mexico, Colombia, Chile, Ireland, Costa Rica, and Turkey. Taxes fall much more heavily on labor income than on capital income. Divergent taxes and subsidies for different forms of income and spending can also constitute a form of indirect taxation of some activities over others. For example, individual spending on higher education can ...
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United States Military
The United States Armed Forces are the military forces of the United States. The armed forces consists of six service branches: the Army, Marine Corps, Navy, Air Force, Space Force, and Coast Guard. The president of the United States is the commander-in-chief of the armed forces and forms military policy with the Department of Defense (DoD) and Department of Homeland Security (DHS), both federal executive departments, acting as the principal organs by which military policy is carried out. All six armed services are among the eight uniformed services of the United States. From their inception during the American Revolutionary War, the U.S. Armed Forces have played a decisive role in the history of the United States. They helped forge a sense of national unity and identity through victories in the First Barbary War and the Second Barbary War. They played a critical role in the American Civil War, keeping the Confederacy from seceding from the republic and preserving the unio ...
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Overseas Housing Allowance
An overseas housing allowance (OHA) is a United States military entitlement given to military servicemen and women living overseas. It is administered by Defense Travel Management Office (DTMO) and is the overseas equivalent of the Basic Allowance for Housing. OHA is intended to private lease local housing instead of living in government or on-base housing. Over $1.8 billion is paid in OHA benefiting approximately 61,000 members annually. How it works Eligibility Factors OHA is given to servicemembers so that they can provide housing for themselves and their dependents (usually spouse and children). OHA is given when the member and their dependents do not occupy government quarters. OHA is non-taxable money paid on a monthly basis, and is equivalent to the amount of rent owed under the OHA rate. Whereas servicemembers stationed in the Continental United States (48 contiguous states) are allowed to keep any additional allowance pay that they do not use for their rent, servicemembe ...
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