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The Army & Air Force Exchange Service (AAFES, also referred to as The Exchange and post exchange/PX or base exchange/BX) provides goods and services at U.S. Army, Air Force, and Space Force installations worldwide, operating department stores, convenience stores, restaurants, military clothing stores, theaters and more nationwide and in more than 30 countries and four U.S. territories.
An employer in the United States may provide transportation benefits to their employees that are tax free up to a certain limit. Under the U.S. Internal Revenue Code section 132(a), the qualified transportation benefits are one of the eight types of statutory employee benefits (also known as fringe benefits) that are excluded from gross income in calculating federal income tax.
A Common Access Card (CAC). The Common Access Card, also commonly referred to as the CAC, is the standard identification for Active Duty United States Defense personnel.. The card itself is a smart card about the size of a credit card.
Fringe benefits are also thought of as the costs of keeping employees other than salary. These benefit rates are typically calculated using fixed percentages that vary depending on the employee’s classification and often change from year to year. Executive benefits (e.g. golden handshake and golden parachute plans), exceed this level and are ...
Employees of the majority of these agencies are considered civil servants. The majority of the independent agencies of the United States government are also classified as executive agencies (they are independent in that they are not subordinated under a Cabinet position).
A Qualified Employee Discount is defined in Section 132(c) as any employee discount with respect to qualified property or services to the extent the discount does not exceed (a) the gross profit percentage of the price at which the property is being offered by the employer to customers, in the case of property, or (b) 20% of the price offered for services by the employer to customers, in the ...
DeCA Headquarters in Fort Gregg-Adams, Virginia. The commissary benefit is not a recent innovation. Sales of goods from commissary department storehouses to military personnel began in 1825, when U.S. Army officers at specified posts could make purchases at cost for their personal use; by 1841, officers could also purchase items for members of their immediate families.
EBSA is led by the Assistant Secretary of Labor for Employee Benefits Security, a Sub-Cabinet-level position requiring nomination by the President of the United States and confirmation by the United States Senate. The office is currently held by Lisa Gomez, who was sworn in as Assistant Secretary on October 11, 2022.