Ron,
Thank you for straightening things out. I had a VA rep tell me Im entitled to 100% of my retirement and full VA pay and that the disability pay calculator wouldn't work in my case.
I am owed back pay for 6 years, and at 1968 monthly CRSC, I guess that would be 146,448, Is this possible and how long will it take to pay? DFAS said January I should start seeing CRSC payments and February I should get the back pay. ANother rep said 3-6 months for back pay.
The truth is awesome, as my CRSC packet took 14 months and was denied because it was missing the 199, than I submitted it again and it took seven more months, So 21 months so far, Im really ready to receive payments.
Hello Steve,
The maximum multiplier for retired pay is 75%, not 100%. I assumed you are a disability retiree, but also qualify for a regular retirement. Do you have a CH 61 retirement (disability)? If not, that will change the forecast I provided.
Ron
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Added:
Note--CRSC replaces waived retired pay. If retired pay was not waived, there is no lost retired pay to replace. Additionally, if you have a regular retirement and were rated >=50% for VA purposes, you would have received CRDP for the retro period; consequently, CRSC would not be paid in that instance. Generally, retro CRSC takes 1-3 months; sometimes longer. There is no precise timeline.
IF you do not have a disability retirement (i.e., you have a regular retirement), the following will apply:
Your info:
1. High 3
estimated high 3=6,476
2. DOD
I am 100% DOD
3. YOS
21 years and 2 weeks of service
[this is inferred to be all AD]
4. VA percentage
I am 100% VA- Spouse and two dependents, awaiting the VA to add my newborn, than it will be 3 children, I am currently receiving 2994 for spouse and two dependents
[Note: The old rate (thru 30 Nov 18) for VA comp for Veteran with spouse and child + 2 additional children under 18 = ~3425]
5. CRSC
CRSC is approved and rated at 100%
[= 3425 using rates of today]
Estimate:
1. 21 yrs of active duty x 2.5% = 52.5% multiplier
2. 6476 x 52.5% = 3400 dollar amount retired pay
3. 3400 ret pay minus 3425 VA comp = zero residual retired pay
4. CRSC cannot exceed the dollar amount of longevity retired pay (or the CRSC rate, whichever is less) = 3400 longevity retirement
5. CRSC 3400 minus zero residual retired pay = 3400 CRSC payable
6. Amounts received each month: 3425 VA comp + 3400 CRSC = 6825
Note: As shown above, the amount of VA compensation affects the end result. I did not use the 100% rate you provided (2994 for spouse and 2 children) since I currently receive
100%, veteran alone = 2973.76
The VA rates effective 1 December 2018 were not used in the computation.
Ron