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How do I change my military retirement allotment?

If your insurance premium amount changes, contact DFAS to change the amount of your allotment deduction by calling 800-321-1080 (unless you are a member of Tricare or Long-Term Care Insurance). Your insurer cannot stop, start, or change your allotment on your behalf.

How long does an allotment take?

Allotments are only disbursed once a month. The system withholds half of the allotment amount from the mid-month pay. This amount is held by the system until the second half is withheld from the end-of-month pay. The full amount of the allotment will disburse to the designated account on the 1st of every month.

How long does it take an allotment to go through?

Allotments are only disbursed once a month. The system withholds half of the allotment amount from the mid-month pay. This amount is held by the system until the second half is withheld from the end-of-month pay. The full amount of the allotment will disburse to the designated account on the 1st of every month.

How do military allotments work?

How do military pay allotments work? With an allotment, half of the allotted amount is deducted from your mid-month pay, and that amount remains in the system until the other half is deducted from your end-of-month pay. At that time, the entire amount is submitted to the designated recipient.

What does allotment mean on a pay stub?

Allotment means a recurring specified deduction for a legal purpose from pay authorized by an employee to be disbursed on a pay period basis to an allotee.

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What is a DD Form 2558?

DD Form 2558, AUTHORIZATION TO START, STOP OR CHANGE AN ALLOTMENT

How do I stop a military allotment?

Starting, Stopping or Changing Allotments Log into myPay. Select Allotments For EFT Allotments, you can START or CHANGE or STOP an allotment amount and STOP an existing allotment. For Home Loan and Navy Mutual Aid Service allotments, you can only STOP or CHANGE money amounts.

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