Leave and Earnings Statement

Leave and Earnings Statement
Example of an LES

A Leave and Earnings Statement, generally referred to as an LES, is a document given on a monthly basis to members of the United States military which documents their pay and leave status on a monthly basis.

Employees in the civil service receive a similar document each pay period, but it is instead called a Statement of Earnings and Leave.

Contents

Delivery

While paper LES documents were originally mailed or handed out in person, it is now almost always retrieved by the member from an online system called MyPay from the Defense Finance and Accounting Service.

Sections

There are multiple sections to an LES.

Pay

The first section lists the monetary entitlements that month. For all members it consists of Basic Pay, and for many members it also includes Basic Allowance for Housing and Basic Allowance for Subsistence. Other kinds of pay including Cost of Living Allowance, Overseas Housing Allowance, incentive pay, bonus pay, or hazardous duty pay may be included.

Per diem and TDY money are usually not included in the LES.

Deductions

The second section describes the money that has been deducted. Common deductions include:

  • Federal and state taxes
  • Social Security
  • Servicemembers' Group Life Insurance (SGLI) (if the member is a participant)
  • Montgomery GI Bill deduction for the first year (if the member is a participant)
  • The service retirement center
  • Thrift Savings Plan (TSP) (if the member is a participant)
  • Mid month pay
    • Most members receive their money two times per month, on the 15th of the month (known as mid month pay) and on the 1st of the following month (known as end of month pay). The mid month pay is also listed in the deductions section.

Allotments

Common allotments include:

End of Month Pay

After all the pay is added, all deductions & allotments are subtracted, and loose ends from previous months are accounted for, what is left is the end of month pay, which is indicated on the far right.

Leave

Military members accumulate 2.5 days of leave per month or 30 days per year. The maximum amount of leave that can accrue is 60 days (this can be more if a member was deployed within the year). The fiscal year ends on September 30, unless congress decides to make a change.

  • BF Bal - Brought forward leave balance. This is the unused leave from rolled over from the last fiscal year.
  • Ernd - The cumulative amount of leave earned in the current fiscal year, or current term of service if the service member re-enlisted or extended since the start of the fiscal year.
  • Used - The cumulative amount of leave used during the current fiscal year, or term of enlistment.
  • Cr Bal - The current leave balance as of the end of the period covered by the LES. It is calculated by BF BAL + ERNED - USED.
  • ETS Bal - The projected leave available through the current Expiration Term of Service. This helps make appropriate plans if the member does not plan to re-enlist.
  • LV LOST - The amount of leave that has been lost, usually because of having too high a balance at the end of the fiscal year.
  • LV Paid - The number of days of leave for which you have been paid to date.
  • Use/Lose - The projected number of days of leave that will be lost if not taken on in the current fiscal year on a monthly basis. The number of days of leave in this block will decrease with any leave usage.

TSP

TSP information is listed near the bottom, along with the YTD (calendar year) total tax withholdings.

See also

External links


Wikimedia Foundation. 2010.

Игры ⚽ Нужно сделать НИР?

Look at other dictionaries:

  • Leave (U.S. military) — In the United States Military, leave is permission to be away from one s unit for a specific period of time.EntitlementUnder normal circumstance, all personnel are granted 30 days of leave per year. This time is usually used for vacations and… …   Wikipedia

  • Media and Publishing — ▪ 2007 Introduction The Frankfurt Book Fair enjoyed a record number of exhibitors, and the distribution of free newspapers surged. TV broadcasters experimented with ways of engaging their audience via the Internet; mobile TV grew; magazine… …   Universalium

  • Business and Industry Review — ▪ 1999 Introduction Overview        Annual Average Rates of Growth of Manufacturing Output, 1980 97, Table Pattern of Output, 1994 97, Table Index Numbers of Production, Employment, and Productivity in Manufacturing Industries, Table (For Annual… …   Universalium

  • Mergers and acquisitions — Merger redirects here. For other uses, see Merge (disambiguation). For other uses of acquisition , see Acquisition (disambiguation). Accountancy Key concepts Accountant · Accounting period · Bookkeeping · Cash and accrual basis …   Wikipedia

  • Nottingham and District Tramways Company Limited — was a tramway operator from 1875 to 1897 based in Nottingham in the United Kingdom. Contents 1 Nottingham Tramways Company 1872 1875 2 Nottingham and District Tramways Company Limited 1875 1897 2.1 …   Wikipedia

  • wage and salary — ▪ economics Introduction       income derived from human labour. Technically, wages and salaries cover all compensation made to employees for either physical or mental work, but they do not represent the income of the self employed. Labour costs… …   Universalium

  • Officer Qualification Record (OQR) — OQR refers to the Officers Qualification Record, NAVMC 123a, and is one of the best sources of information concerning US Marine Officers. It is similar to the enlisted Service Record Book (SRB) with only minor differences. This record presents a… …   Wikipedia

  • Agriculture and Food Supplies — ▪ 2007 Introduction Bird flu reached Europe and Africa, and concerns over BSE continued to disrupt trade in beef. An international vault for seeds was under construction on an Arctic island. Stocks of important food fish species were reported… …   Universalium

  • Prostitution and the law —   Prostitution legal and regulated …   Wikipedia

  • Edward and Elaine Brown — Edward Lewis Brown (born 1942) and his wife, Elaine Alice Brown (born c. 1940), residents of the American state of New Hampshire, gained national news media attention in early 2007 for not paying the U.S. federal income tax and refusing to… …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”