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06/10/2021

What does debt mean on Les?

What does debt mean on Les?

Debt payment (taking your money) usually means you owed for some reason; possibly overpayment of previous check or you missed a month of training and they were collecting SGLI You can ask your S1.

Why do I have advance debt on my Les?

What does the term “Advance Debt” on my LES means? That is our military pay system’s way of notifying the member that they’ve been overpaid. This usually occurs during a PCS or a deployment, and the overpayment occurred in a previous months pay cycle.

What is traditional TSP on Les?

The Thrift Savings Plan (TSP) is a Federal Government-sponsored retirement savings and investment plan. It offers the same type of savings and tax benefits that many private corporations offer their employees under “401(k)” plans.

How do I find out my military debt?

866-912-6488

  1. Out-of-Service Debt Payment Status Tool.
  2. Refer an Out-of-Service Debt.
  3. More Information.
  4. COVID-19 Out of Service Debt Information.

What does status Det mean on Les?

If you’re in tech school and you see STATUS DET on your LES, you need to go to finance ASAP. Basically, a STATUS DET attempts to balance your deductions with your entitlements, to give you a $0 paycheck. You could also go to your finance office at any time and ask them.

Does the military hold your first paycheck?

If you arrive at basic training before the 10th of the month, you’ll get paid on the 15th. If you arrive after the 10th of the month, you won’t see your first paycheck until the 1st of the following month, but it will include all pay you’re entitled to, as of that date.

How Does BAH work in the Marine Corps?

Basic Allowance Housing( BAH) Every Marine is permitted to receive free on-base living. Those who are allowed to live off base, will be compensated with a monthly housing allowance. The BAH rates are based on local rental costs for various types of housing in hundreds of different locations.