Recently just medically retired as of 28 Nov. went through the IDES. Generated a benefit verification letter and it shows the gross amount for the percentage and then the net amount. Could someone explain this to me? Why there’s a net amount less than the actual percentage rating. I had one final active duty check that was on hold due to a final audit.
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Gross amount and net amount
- Thread starter megabyte5689
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Are you speaking of the DFAS RAS (retiree account statement)? Or...is that something you saw on eBenefits?Recently just medically retired as of 28 Nov. went through the IDES. Generated a benefit verification letter and it shows the gross amount for the percentage and then the net amount. Could someone explain this to me? Why there’s a net amount less than the actual percentage rating. I had one final active duty check that was on hold due to a final audit.
Ron
If it is a DFAS RAS, it likely shows your gross pay reduced by the amount of VA compensation in accordance with current law (assuming you are a CH 61 retiree).
Last Tuesday you mentioned, "So another question. I’m still waiting for my final active duty check. I believed I received it this morning, it was a little less than what my LES stated. I figured it was because they took the survivors benefit plan payment out of it. I logged onto mypay and I have a retiree account section that has a verification of pay letter, I click it and open it up that says I’m entitled to a gross monthly rate of $$. Does this mean that they’re paying me DoD retiree? I definitely signed for the VA ratings and wanted the VA comp over the DoD. Please someone explain this to me! "
If you retired in November (separated on one day and in retired status the next...during November) your first accrual of VA compensation will be for 1-31 December 2019 and paid the last part of December since January 1 is a holiday.
Ron
Last Tuesday you mentioned, "So another question. I’m still waiting for my final active duty check. I believed I received it this morning, it was a little less than what my LES stated. I figured it was because they took the survivors benefit plan payment out of it. I logged onto mypay and I have a retiree account section that has a verification of pay letter, I click it and open it up that says I’m entitled to a gross monthly rate of $$. Does this mean that they’re paying me DoD retiree? I definitely signed for the VA ratings and wanted the VA comp over the DoD. Please someone explain this to me! "
If you retired in November (separated on one day and in retired status the next...during November) your first accrual of VA compensation will be for 1-31 December 2019 and paid the last part of December since January 1 is a holiday.
Ron
I saw this on ebenefits with one of the letters generated. So I’m chapter 61 because I was medically retired but didn’t have 20 years of service. Will I still receive my full VA percentage amount?
Yes, you should receive all your VA compensation. Your retired pay will be reduced as I mentioned earlier.I saw this on ebenefits with one of the letters generated. So I’m chapter 61 because I was medically retired but didn’t have 20 years of service. Will I still receive my full VA percentage amount?
Have you received the official VA award letter in the mail yet? eBenefits is not always accurate and is sometimes misleading.
The award letter (not the eBenefits material) will accurately explain your entitlements. You might want to call the VA if you have yet to receive the VA letter.
Ron
DFAS and the VA coordinate with each other to ensure payments are accurate.
Since you retired near the end of November and December will likely be a short processing month, the timing for coordination might affect the payments. This is conjecture on my part.
Recommend you review the 1-31 December DFAS RAS when it is produced (even if all your retired pay is waived for VA comp) and it might provide clues.
Ron
Since you retired near the end of November and December will likely be a short processing month, the timing for coordination might affect the payments. This is conjecture on my part.
Recommend you review the 1-31 December DFAS RAS when it is produced (even if all your retired pay is waived for VA comp) and it might provide clues.
Ron