Why are all of these calculations so hard for common people to figure out? Is there anyone that can help me compute my crsc?
The different features of the computation for Chapter 61 retirees are necessary due to the limits imposed by the laws involved.Why are all of these calculations so hard for common people to figure out? Is there anyone that can help me compute my crsc?
The different features of the computation for Chapter 61 retirees are necessary due to the limits imposed by the laws involved.
If you want an estimate of your CRSC entitlement...
The information associated with all of the six numbered items below is needed. Incomplete answers will preclude an accurate estimate. Each numbered item below is a factor in the CRSC calculation.
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) The gross retired pay from your DFAS RAS is preferred since it presents a gross high three that include any COLA increases.
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
and
---Any SMCs awarded and amount(s)
5. Approved or expected combat related disability percentage (application was required). EXAMPLE: 70% CRSC
6. Do you qualify for another type retirement besides CH 61 disability? Example: Yes, REDUX
Note: All the info listed above is necessary Often, the reply omits much of the needed info, precluding an accurate computation.
Ron
Ok so I will receive SMC K
Awesome thank you a thousand times Ron. And to be clear this would only be if I got 100% CRSC correct?I receive that as well...around 108.00 per month. In your particular case, it will not change anything that I presented earlier.
It increases the waiver amount, but all your retired pay was already waived with the lesser amount of VA compensation used in the computation.
It could increase the amount associated with your service-approved CRSC percentage, but the ceiling in your case is 1441.30 (longevity amount).
The longevity and other aspects of the computation/estimate used the info you provided.
Ron
Awesome thank you a thousand times Ron. And to be clear this would only be if I got 100% CRSC correct?