What does Defense Finance and Accounting Services do?

The Defense Finance and Accounting Service oversees payments to Department of Defense servicemembers, employees, vendors and contractors. The Defense Finance and Accounting Services also provides Department of Defense decision makers with business intelligence, finance and accounting information.

Is Defense Finance and Accounting Service military?

DFAS is a working capital fund agency financed by reimbursement of operating costs from its governmental customers (mostly the military service departments) rather than through direct appropriations. DFAS remains the world’s largest finance and accounting operation….Defense Finance and Accounting Service.

Agency overview
Employees >12,000

What is a Defense Finance and Accounting Service DFAS myPay account?

myPay allows you to print and save Leave and Earnings Statements (LES) to your computer. We have provided instructions explaining the steps necessary to print and save the LES without the use of a mouse.

How long does it take DFAS to process retirement pay?

approximately 30 days
You need to complete the form DD 2894 and mail or fax it to Retired and Annuitant Pay to be processed. Normal processing time is approximately 30 days after receipt of this completed form.

Is DFAS a good place to work?

DFAS is a great agency. We are 12000 strong, of all different types of people and job positions. We compete internally for promotions and against external candidates, just as any agency does. Depending on the job you perform, you may have more or less opportunities come along, but fhey do come along.

How do I find out how much I owe DFAS?

Use the Online Debt Payment Status Tool to check your account balance, payment information, how the last payment was received and current account status.

  1. ABOUT DEBT AND CLAIMS.
  2. ABOUT WAIVERS & REMISSIONS.
  3. ABOUT CORRECTIONS OF RECORDS.

How long does it take to get a check from DFAS?

For checks issued from the accounts of civilian employees of the Department of Defense, please allow 7 days from the date of the normal distribution of checks (bi-weekly cycle).

Why would I owe Defense Finance and Accounting Service?

DFAS collects debts incurred by military members that were not collected before they left service. Even individuals who were paid improperly are required to reimburse the Defense Department.