Ron,An estimate was provided last Saturday.
1. High 3, 3563.58 x 30% DoD = 1069.06 retired pay
2. All retired pay is waived due to receipt of VA compensation that is >= retired pay
3. 10.33 yrs AD x 2.5% = 25.8% multiplier
4. 3563.58 x 25.8 = 919.40 longevity portion of retired pay
5. 50% CRSC, spouse and 2 children = 1039.41 (current tables on this date)
6. Amount at item 4 is less than amount at item 5 = CRSC 919.40
Based on the information you provided, your CRSC will be about 919.40. Earlier periods would be slightly less.
Not everyone receives retroactive payment of CRSC, but if your approval shows a retroactive effective date and you waived retired pay for the retro period, you should receive a retroactive payment.
The link provided will a computation that is close. Some of the elements have not been updated since 2014 (e.g., VA comp rates are outdated).
I have been following your help that you have provided to others while waiting for decision letter to come back and now that it has. I was hoping you would help me out with confirmation of what my CRSC payment may be. Here is the information you were asking for previously for.
1. High 3= 4566.60 not paid in full due to Career Status Bonus (loss of 10%) and VA waiver offset of 1244.00
2. DOD percentage is 70
3. Total time is service 20yrs 8 months 19 days
4. CRSC percentage 80%
5. VA percentage 100% $3437 with spouse and 2 children but I also get SMC-k allowance of like 108 that I am thinking I will lose if I elect CRSC. Lastly... the most confusing part of coming up with the benefit amount is ( will that be the entire amount I receive or is that the amount that will be restored to overall retirement benefit payment. Everything I read and have researched points to the recoupment of loss funds from the offset, but then I came across something that said you can’t receive both retirement money and CRSC funds... so I am lost now... was this process even worth applying for. Thanks for your support and I appreciate the information and guidance.