Yes, this was an informal board. After weighing my options I decided to take the severance pay. Part of my knee problem is the Navy's fault, but also partly congentital. I feel that it would be real hard to get from 10% up to 30%, and I'm just ready to head back home and get on with everything.
Just got back from receiving my findings.....sep with severance pay. My peblo swears that my severance is based off of my high three, I have read otherwise on here. Any one know the answer to this? Also, has any one actually got their taxes back from their severance check? And last, how long...
I've been researching this quite a bit on here. I've found a few different answers, so I'm confused. Is severance pay taxed or not??? I've heard you can recoup it some how if it is taxed. Any help would be appreciated.
My question is regarding the severance pay paid at discharge (undergoing a peb). I thought I was well informed, but when talking to another guy that is also undergoing a PEB, his understanding is that the severance calculation is based upon the "highest paid 3 years in the service." Is that the...