Hello Ron,
I am in need of your assistance. Just approved for CRSC.
1. High3: $5090.00
2. VA 80%
3. DOD 50%
4. CRSC 40%
5. 11yrs 4mo
6. Married 1 child
Hello again and congrats!
A. 5090 x 0.50 = 2545 retired pay
B. VA comp 80%, spouse & 1 child under 18 = 1867.69
C. 2545 minus 1867.69 = 677.31 residual retired pay
D. 11.333 yrs AD x 0.025 = 28.33% multiplier
E. 5090 x 0.2833 = 1442 dollar amount of longevity portion of retirement pay
F. 40% CRSC = 735.73
G. Item F is less than item e. CRSC = 735.73
H. DFAS each month 677.31 + 735.73 = 1413.04
Reference: DoD 7000.14-R Financial Management Regulation Volume 7B, Chapter 63
630805
“Members retired for disability under 10 U.S.C., Chapter 61, with less than 20 years of creditable service computed under 10 U.S.C. § 1208, and who are qualified for CRSC, on or after January 1, 2013, will have the maximum CRSC payment restrictions. The CRSC payment amount, which when combined with any remaining retired pay after VA offset, will not exceed the amount that is equal to 21⁄2 percent of the member’s years of creditable service multiplied by the member’s retired pay base under 10 U.S.C. § 1406(b)(1) or 10 U.S.C. § 1407, whichever is applicable to the member.”
Let me know how this turns out.
Good seeing you again.
Ron