Retirement Withdrawals. Since the TSP is a retirement plan, there is no penalty for withdrawing your money during retirement. If you stop working for the federal government, you can start making retirement withdrawals when you turn 55. If you keep working for the federal government, you need to wait until you turn 59-1/2.
DFAS military pay dates (active duty and reserve) are the 1 st and 15 th of every month unless those dates fall on a weekend or holiday. Whenever a payday falls on a weekend or holiday, pay is issued on the last workday preceding the 1st and the 15th. Active duty and reserve members are paid twice a month.
What is my PEBD? Pay Entry Base Date (PEBD) can be found on your Leave and Earnings Statement (LES). The PEBD is listed as âPay Dateâ near the top of the LES. Your PEBD is generally the date at which you swore into the Army or were commissioned. Please note that if you experienced a break in service or delayed entry, your PEBD may be adjusted and will not necessarily reflect your actual entry date. DA and NAF Civilians will need to use their SCD (Service Computation Date) Leave date in this field.