CRSC Estimate Please

H

HottyToddyUSCG

PEB Forum Regular Member
Registered Member
First of all thank you Ron for all you do!

1. High Three is 3373.
2. DoD Disability Retirement Percentage: 50 percent.
3. Years of Service: 15years 4 months
4. VA 80%: Spouse plus One Child under 18: 1898
5. CRSC Approved Percentage: 50%

Thank you again!


1. High three base pay average for retirement or your current DoD disability retirement gross found on page one of the DFAS RAS. Please indicate whether you are providing the high three average or the retirement gross found on the DFAS RAS. The high-36 method is the average of the highest 36 months of basic pay divided by 36. This is generally the last 3 years of service and is sometimes called high-3. EXAMPLE: High three average $3333 (or alternative: Gross Retired Pay on DFAS RAS $xxxx.xx)

2. DoD disability retirement percentage. EXAMPLE: 50% DoD

3. Years and months of active duty EXAMPLE: 11 years and 3 months
Note: The creditable years of service (active duty equivalent) for a reserve calculation is determined by the sum of accumulated reserve points divided by 360.

4. VA compensation percentage and amount plus identify dependents by category and number EXAMPLE: 60% VA Compensation, $1600, Spouse and 6 children under 18

5. Approved or expected combat related disability percentage (application was required). EXAMPLE: 70% CRSC
 
I just noticed from some of your earlier posts that you have reserve time.

Is 15 yrs 4 mo your active duty equivalent? points/360 = AD equivalent

Of course, that info would also be on your retirement orders.

Ron
 
RonG said:
Hello,

Case.

1. High Three is 3373.
2. DoD Disability Retirement Percentage: 50 percent.
3. Years of Service: 15years 4 months
4. VA 80%: Spouse plus One Child under 18: 1898
5. CRSC Approved Percentage: 50%

Estimate.

a. 3373 x 0.50 = 1686.50 ret pay
b. Retired pay minus amount of VA comp = zero residual retired pay
c. 15.333 AD years x 0.025 = 38.33% longevity multiplier
d. 3373 x 0.3833 = 1292.87 longevity portion of retired pay
e. CRSC @ 50% plus spouse and one child u/18 = 1,043.43

Item e is less than item d; CRSC will be 1043.43

Ron
Click to expand...


Sir,

I think I made a mistake... I'm a O3 and my High 3 is 6746 and 3373(50%).

All on me... Could you give it another look.

It is 15.4 AD time on my retirement orders. I was in the reserves, 7.5 years.

Thank you SO much!
 
No problem.

Hello,

Revised Case.

1. High Three is 3373.
I'm a O3 and my High 3 is 6746 and 3373(50%).

2. DoD Disability Retirement Percentage: 50 percent.
3. Years of Service: 15years 4 months
4. VA 80%: Spouse plus One Child under 18: 1898
5. CRSC Approved Percentage: 50%

Estimate.

a. 6746 x 0.50 = 3373 ret pay
b. Retired pay minus amount of VA comp (3373 - 1898) = 1475 residual retired pay
c. 15.333 AD years x 0.025 = 38.33% longevity multiplier
d. 6746 x 0.3833 = 2585.74 longevity portion of retired pay
e. CRSC @ 50% plus spouse and one child u/18 = 1,043.43

The combination of CRSC and residual retired pay cannot exceed the longevity portion of retired pay.
Amounts paid by DFAS:
--1475 residual retired pay
--1043.43 CRSC
TOTAL = 2518.43 which is less than the longevity portion of retired pay.

Computation corrected 15 February 2020. Note: Your 15.4 years was interpreted to indicate 15 years and 4 months. If it is otherwise, the result is slightly different.

Ron
 
Reference for computation:
DoD 7000.14-R Financial Management Regulation Volume 7B, Chapter 63 * November 2019
630805. CRSC Payment Reduction for 10 U.S.C., Chapter 61 Disability Retirees

"2. 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 2½ 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. "

Ron
 
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