DFAS pays all DoD military and civilian personnel, retirees and annuitants, as well as major DoD contractors and vendors. DFAS also supports customers outside the DoD in support of electronic government initiatives. Customers include the Executive Office of the President, the Department of Energy, the Department of Veterans Affairs, the Department of Health and Human Services and the U.S. Agency for Global Media. DFAS is financed as a Working Capital Fund, obtaining revenue by charging its customers for the services it provides rather than being funded through direct appropriations. The agency sets annual rates two years in advance based on anticipated workload and estimated costs calculated to offset any prior year gains or losses. DFAS operations are subject to oversight by DoD as well as the executive and legislative branches of the federal government.
Career Pathways at DFAS (Defense Finance and Accounting Services)
DFAS (Defense Finance and Accounting Services) is located in Indianapolis, Indiana, which is situated in Central Indiana. World-class sporting events and museums, nationally renowned chefs, and thriving arts and cultural districts define life in Central Indiana. With a median, single-family home price under $200,000, learn more about the affordability of one of the Midwest’s largest cities.