The Defense Finance and Accounting Service Cleveland Center's DFAS Form 702 is an invaluable tool for members of the active component, providing a detailed overview of their Leave and Earnings Statement (LES). Introduced to simplify the understanding and management of one's pay, this publication outlines the essentials of verifying and maintaining an up-to-date LES. The form captures a wide array of financial information encompassing entitlements, deductions, allotments, leave data, tax withholdings, and specifics on the Thrift Savings Plan (TSP) alongside adjustments relevant to the REDUX Retirement Plan. Aimed at empowering members to take charge of their pay through regular reviews, the document encourages queries to the disbursing or finance office should there be significant, unexplained fluctuations in pay. Detailed within the form are various fields covering personal identification, service details, financial breakdowns of entitlements and deductions, leave balances, and retirement plan data - each meticulously designed to ensure service members have a comprehensive understanding of their financial status and entitlements at a glance.
| Question | Answer |
|---|---|
| Form Name | Dfas Form 702 |
| Form Length | 8 pages |
| Fillable? | No |
| Fillable fields | 0 |
| Avg. time to fill out | 2 min |
| Other names | form les, form 702 military, pafs 702, leave earnings statement military |
UNDERSTANDING YOUR
DJMS
(Active Component)
LEAVE AND EARNINGS
STATEMENT
Defense Finance and Accounting Service
Cleveland Center
Code PMMF
June 2002
Your pay is your responsibility. This publication's intended use is as a guide to aid you in understanding the DJMS Leave and Earnings Statement (LES) DFAS Form 702. The LES is a comprehensive statement of a member's leave and earnings showing your entitlements, deductions, allotments, leave information, tax withholding information, and Thrift Savings Plan (TSP) information.
The LES format has been modified for TSP and the REDUX Retirement Plan. These blocks are explained later.
The Sea Service Counter will still be displayed in the remark portion of the LES. The LES remains one page in length.
Verify and keep your LES each month. If your pay varies significantly and you don’t understand why, or if you have any questions after reading this publication, consult with your disbursing/finance office.
2
DEFENSE FINANCE AND ACCOUNTING SERVICE MILITARY LEAVE AND EARNINGS STATEMENT
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ID |
NAME (LAST, FIRST, MI) |
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SOC. SEC. NO. |
GRADE |
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PAY DATE |
YRS SVC |
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ETS |
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BRANCH |
ADSN/DSSN |
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PERIOD COVERED |
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1 |
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2 |
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3 |
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4 |
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5 |
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6 |
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7 |
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8 |
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9 |
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ENTITLEMENTS |
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DEDUCTIONS |
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ALLOTMENTS |
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SUMMARY |
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TYPE |
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AMOUNT |
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TYPE |
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AMOUNT |
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TYPE |
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AMOUNT |
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+ AMT FWD |
13 |
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A |
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+ TOT ENT |
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14 |
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B |
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10 |
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11 |
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12 |
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- TOT DED |
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C |
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15 |
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D |
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E |
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- TOT ALMT |
16 |
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F |
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G |
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= NET AMT |
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H |
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17 |
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I |
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J |
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- CR FWD |
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K |
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18 |
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L |
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= EOM PAY |
19 |
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M |
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N |
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DIEMS |
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O |
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RET PLAN |
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TOTAL |
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20 |
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21 |
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22 |
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23 |
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24 |
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LEAVE |
BF BAL |
ERND |
USED |
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CR BAL |
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ETS BAL |
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LV LOST |
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LV PAID |
USE\LOSE |
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FED |
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WAGE PERIOD |
WAGE YTD |
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M/S |
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EX |
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ADD’L TAX |
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TAX YTD |
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25 |
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26 |
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27 |
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28 |
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29 |
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30 |
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31 |
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32 |
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TAXES |
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33 |
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34 |
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35 |
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36 |
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37 |
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38 |
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FICA |
WAGE PERIOD |
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SOC WAGE YTD |
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SOC TAX YTD |
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MED WAGE YTD |
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MED TAX YTD |
STATE |
ST |
WAGE PERIOD |
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WAGE YTD |
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M/S |
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EX |
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TAX YTD |
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TAXES |
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39 |
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40 |
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41 |
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42 |
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43 |
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TAXES |
44 |
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45 |
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46 |
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47 |
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48 |
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49 |
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TPC |
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PAY |
BAQ TYPE |
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BAQ DEPN |
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VHA ZIP |
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RENT AMT |
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SHARE |
STAT |
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JFTR |
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DEPNS |
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2D JFTR |
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BAS TYPE |
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CHARITY YTD |
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PACIDN |
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DATA |
50 |
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51 |
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52 |
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53 |
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54 |
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55 |
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56 |
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57 |
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58 |
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59 |
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60 |
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61 |
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62 |
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Thrift |
BASE PAY RATE |
BASE PAY CURRENT |
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SPEC PAY RATE |
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SPEC PAY CURRENT |
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INC PAY RATE |
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INC PAY CURRENT |
BONUS PAY RATE |
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BONUS PAY CURRENT |
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Savings |
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63 |
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64 |
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65 |
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66 |
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67 |
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68 |
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69 |
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70 |
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Plan |
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CURRENTLY NOT USED |
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TSP YTD DEDUCTIONS |
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DEFERRED |
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EXEMPT |
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CURRENTLY NOT USED |
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(TSP) |
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71 |
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72 |
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73 |
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74 |
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75 |
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REMARKS |
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YTD ENTITLE____________ |
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YTD DEDUCT ____________ |
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76 |
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77 |
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78 |
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www.dfas.mil
DFAS Form 702, Jan 02