U.S. military service members anticipate increases to their pay and allowances in 2026, including a 3.8% raise in basic pay ...

Although both the Navy's Personnel Command and the Defense Finance and Accounting Service, or DFAS -- the agency that handles pay for the military -- have jumped in to help tackle the problem and ...

After decades of military service, retired Navy Cmdr. Stephanie Murdock went to check her retiree pay statement in early April and was shocked to find that she was going to be receiving $1,118 less ...

Last November an independent audit of the Military Retirement Fund uncovered a “significant deficiency” in the way the Defense Finance and Accounting Service (DFAS) has been calculating retired pay ...

Last November an independent audit of the Military Retirement Fund uncovered a “significant deficiency” in the way the Defense Finance and Accounting Service has been calculating retired pay for about ...