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  1. RonG

    Compensation question

    Obviously you understand the ceiling. The combination of residual retired pay and CRSC cannot exceed the dollar amount of the longevity portion of retired pay. Very good on your part. ---------------------- DoD 7000.14-R Financial Management Regulation Volume 7B, Chapter 63 [CRSC] B...
  2. RonG

    Compensation question

    Residual retired pay is simply the amount of retired pay that exceeds the amount of the VA compensation. CRSC is an entirely different matter. CRSC: A Supplement to CRSC Information <---LINK to collection of CRSC info Ron
  3. RonG

    Compensation question

    Re: "However, I was recently told by my PEBLO that it's one or the other no matter the difference." Your PEBLO should be fired for "malpractice". It is disturbing to read about incorrect information being given by officials to personnel who are leaving the service. @Armypilot is correct. Ron
  4. RonG

    Current MEB questions / Rating question

    PAY CHANGES Allotments Beneficiary for Arrears Correspondence Address Direct Deposit Federal Withholding State Withholding The URL FOR THE SITE: myPay Web Site <---link Ron
  5. RonG

    Turned age 60 now what?

    Name of Retirement Plan Type of Retirement Plan Criteria to Receive Final Pay Defined Benefit that equals 2.5% times the number of years of service times the member’s final basic pay on the day of retirement Primary retirement plan for Reserve members with initial date of entry into service...
  6. RonG

    Turned age 60 now what?

    That is essentially what I did in the example shown, but for only five years that would have been in the past. There is no precise method to accurately predict future COLA increases. Ron
  7. RonG

    Turned age 60 now what?

    Hello @GatorNavy1 How are you going to estimate the COLA rates since they are not static and not known in advance? Edited to add 13 June 2021m 0615 hrs: Using 2000 gross retired pay as an example. In this example, the COLA increases for five years are: 2%; 5%; 3%; 4%; and 1%. None of...
  8. RonG

    Questions & Calculations: PEB Results: 80% DoD (TDRL) / 100% VA

    Hello @Kmr08n Thank you for providing exactly what is needed. Ron Estimate. a. 6399 x 75% = ~4799 b. 4799 minus ~3322 = 1477 residual retired pay you keep c. 9.083 AD x 2.5 = ~22.71% longevity multiplier d. 6399 x 22.71% = 1453.21 longevity portion of retired pay e. For Chapter 61...
  9. RonG

    Questions & Calculations: PEB Results: 80% DoD (TDRL) / 100% VA

    Comment: I did not re-compute your figures. Ron Item 1: 4971.15 - 3321.85 = 1649.15 (gross residual retired pay you keep) Normally, I do not compute taxes and other deductions. Note: Final pay is not used. The total of your highest 36 months of base pay divided by 36 is part of the...
  10. RonG

    Current MEB questions / Rating question

    Hello, I know nothing about the PEB process and the same for SSDI. Copied to @chaplaincharlie Ron
  11. RonG

    Current MEB questions / Rating question

    Hello @sandsailor , To whom is your question directed? There are 5-6 other people commenting in this thread. Ron
  12. RonG

    Retirement pay

    If you were speaking to me, I do not have answers to any of your questions that are quoted above. I am not a disability retiree... Good luck, Ron cc: @chaplaincharlie
  13. RonG

    Current MEB questions / Rating question

    You can do that thru DFAS MyPay. I have changed my legal state residence at least three times since I retired. Ron
  14. RonG

    How does your TIS effect either a severance or retirement?

    Thank you @chaplaincharlie . Ron
  15. RonG

    Disability Pay Question

    @RKM246 As mentioned above, your retired pay is reduced dollar for dollar in the amont of VA compensation. You get to keep any residual retired pay (left over). If you had already received your retired pay, a subsequent VA payment would be reduced by the amount of retired pay received. Ron
  16. RonG

    How does your TIS effect either a severance or retirement?

    Hello @tellmeaboutit427 , Pursuant to 10 USC 1207a, a disability incurred prior to active duty will be treated as if it were incurred while the member was entitled to basic pay, for the purpose of considering whether incurred in the line of duty, as long as the member has at least 8 years of...
  17. RonG

    How does your TIS effect either a severance or retirement?

    The requirement for a medical retirement is a 30% or more DoD rating for your disabilities. The retired pay for someone with relatively few years of service likely would be the DoD percentage x the average high three base pay. If the longevity multiplier is higher than the DoD rating, then it...
  18. RonG

    Retirement pay

    Hello @GAS6 , a. With a 20% DoD disability rating, you will not be medically retired. Thirty percent (30%) or more DoD disability percentage is required. b. It appears you qualify for a RC retirement due to your 20+ Good Years. There is an age requirement too, normally age 60. A member...
  19. RonG

    Turned age 60 now what?

    Hello @GatorNavy1 As you know, there are similar posts being generated at two sites simultaneously. This does not directly affect you, but I am going to limit my comments to this board. Ron
  20. RonG

    Turned age 60 now what?

    @GatorNavy1 cc: @Guardguy11 @Provis Earlier, I posted: Since 50 points minimum = a good year; a RC member could possibly retire with only 1000 points (50 x 20 = 1000) However... Generally, a Reservist is eligible for Non-Regular Retirement once they have 20 Qualifying Years of service...
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