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Retired, annuitant pay offers eRAS to all retirees

Courtesy Retired Activties

Did you know that on Nov. 1, 2011 all military retirees were offered an electronic Retiree Account Statement (eRAS) on myPay every month? The eRAS provides a complete summary of a military retiree’s pay, deductions and benefits. The statement includes information about allotments, income tax withholdings, direct deposit information and a Survivor Benefit Plan counter that shows plan members how much longer they have to pay premiums.

Previously, the RAS was issued only once a year each December or when a retiree’s pay, benefits or other account information changed. While these statements will continue, the new eRAS was created in response to customer requests for more frequent communication about their accounts.

Military retirees can view their eRAS by logging into myPay (https://mypay.dfas.mil), the official online account management system for military members and Department of Defense (DOD) employees. Retirees who do not have current user IDs or passwords for myPay can find instructions on how to get them at www.dfas.mil/retiredmilitary. Links to the instructions are located in the upper right hand corner of the Retired Military and Annuitants section under the myPay Login Instructions heading.

Retirees who choose to register their email addresses with myPay will receive an email notification every month when their eRAS is available. Additionally, keeping a current email address on record allows the Defense Finance and Accounting Service to email a new temporary password in the event one is forgotten or if the retiree suspects their password has been compromised. If a retiree finds that something needs to be updated while viewing an eRAS, most necessary account changes can be made in minutes.

 
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Last Modified: 3/22/2012 10:49 AM
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