16 years active duty time
Thank you...I had assumed you had 20 years or more on AD.
In cases where the retiree has less than 20 years active duty;
the REDUX multiplier does not apply to the REDUX retirement plan
at under 20 years of service since REDUX is only an active duty retirement plan.
Your gross retired pay will be reduced by the amount of VA compensation received. If you had CRSC approved, some of the "reduced" retired pay could be replaced.
https://www.dfas.mil/retiredmilitary/disability/crsc.html <----CRSC LINK
Your CRSC will be limited to the lesser of
--non-REDUX computation of the dollar amount of longevity retirement pay
OR
--dollar amount of CRSC percentage approved by service--use VA compensation tables for amount.
Ron
Edited to add:
RETIRED PAY MULTIPLIER
For both the Final Pay and High-36 retired pay plans each year of service is worth 2.5% toward the retirement multiplier. For instance, 20 years of service would equate to a 50% multiplier. The years of service creditable are computed differently depending upon whether retirement is from full time active duty or from a reserve career. These differences are explained under the
Active Duty Retirement and
Reserve Retirement pages.
For the REDUX retirement plan, which applies only to an active duty retirement, the High-36 multiplier is reduced by one percentage point for each year that the member has less than 30 years of service at retirement. For instance, 20 years of service would equate to a 40% multiplier. This is discussed more fully under the
Active Duty Retirement page.
For the Disability retirement plan, the multiplier may be the higher of 2.5% for each year of service or the disability percentage assigned by the Service at retirement. However, note that the disability retirement multiplier is capped at 75%.
In any case, the longer an individual serves, the higher the multiplier and the higher the retirement pay. For example:
Years of Service | 10 | 15 | 20 | 21 | 22 | 23 | 24 | 25 | 30 | 35 | 40 | 41 |
Final Pay | 25% | 37.5% | 50% | 52.5% | 55% | 57.5% | 60% | 62.5% | 75% | 87.5% | 100% | 102.5% |
High-36 | 25% | 37.5% | 50% | 52.5% | 55% | 57.5% | 60% | 62.5% | 75% | 87.5% | 100% | 102.5% |
REDUX* | N/A | N/A | 40% | 43.5% | 47% | 50.5% | 54% | 57.5% | 75% | 87.5% | 100% | 102.5% |
*The multiplier does not apply to the REDUX retirement plan at under 20 years of service since REDUX is only an active duty retirement plan.
Reference: Retirement <—-LINK