I just hit 17 years of active service and am currently undergoing the MEB/PEB from a back injury. It looks like I am going to receive 30 percent disability from the VA. My question is...Can I take the retirement at the 30 percent (or higher) and opt for the severance pay as opposed to the retirement pay? I know I'd lose money over the next 20 years but I am looking to pay off a lot of debt and start a business while still maintaining those ever important TRICARE medical benefits for my children as a retiree. Also I am being told that there are changes to severance? Now your base pay is calculated to 36 months as opposed to the old 24 months (This would benefit me greatly as I have 17 years in)?