Retired Chapter 61
1. DFAS RAS= 785
2. DOD Disability Retired= 30%
3. Years & Mons. AD= 9yrs & 8 Mon.
4. VA Comp. 100% 5317 w/spouse
5. Approved CRSC at 70%
6. No other type of retirement.
Note: I understand there is a limit to 6 yrs retroactive pay. Because Ch. 61 was enacted in 2008 will my COLA be counted back to 1993? Hope I’m making my self clear. Basically is my DFAS RAS of 785 be used in calculating my CRSC? I hope I’m posting in the correct place.
Thank you in advance.
Hello
@Ducktape
New computation, 0900 hrs, 22 March 2022
1. You mentioned
, “I have called DFAS and asked what my current retirement amount is that I waive to receive VA compensation.
She said 785. So that’s where that figure came from.” And…” My correct years and months of service is
9 yrs and 9 months” Yesterday, you mentioned your DoD percentage was 30%.
2. 9 years and 9 months is 9.75 years. 9.75 years x 2.5% per year is the longevity multiplier with is: 24.375%
3. Since your longevity multiplier is 24.375% and your DoD multiplier is 30%, your retired pay would be 30% X average high three base pay. (Please note that FINAL PAY would be used if your entry in the service was before September 8, 1980)
4. DFAS told you that your waived retired pay is: 785, that amount, 785 is 30% of an unknown number. 785/30% = 2616.66 average high three base pay
5. The longevity portion of your retired pay will be your CRSC. 2616.66 high three base pay x
24.375% = 637.81 longevity amount and CRSC ceiling in your case
6. The amount of CRSC at item e would be current CRSC based on information provided.
- You provided the following today: “CRSC effective date is 12/16 I have only received one CRSC Approval letter. My retirement date was 01/28/1993
- COLA Increases
- 5.9 percent. 12/01/2021;
- 1.3 PERCENT 12/01/2020;
- 1.6 PERCENT 12/01/2019;
- 2.8 percent 12/01/18;
- 2.0 percent 12/01/2017;
- 0.3 percent 12/01/2016
Rough estimate of retroactive CRSC based on available info:
- 637.81 beginning 12/1/2021 x 4 = 2551.37
- 12/01/2020 thru 11/30/21 = 600.18 x 12 = 7202.16
- 12/01/2019 thru 11/30/20 = 592.38 x 12 =7108.56
- 12/01/2018 thru 11/30/19 = 582.91 x 12 = 6994.92
- 12/01/2017 thru 11/30/18 = 566.69 x 12 = 6800.28
- 12/01/2016 thru 11/30/17 = 555.26 x 12 = 6663.12
- TOTAL: 37,320.41
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Edited to add new computation 1 April 2022:
Vince,
I had some time this morning and decided to re-work your computation for CRSC using DFAS' $634 CRSC figure (which is $3 less than my computation which used information provided by you.
Please note that each year has to be computed separately and the unknown base amount for each period has to be determined by backing out (reducing) the known amount that includes COLA increase(s) not applicable to the period involved. In other words, the period prior to your current rate of CRSC must include 634 (current rate) divided by 1.059% to find the earlier rate that does not included the recent 5.9% increase.
Beginning with $634, the known rate for the period beginning 1 December 2021:
- COLA Increases
- 5.9 percent. 12/01/2021;
- 1.3 PERCENT 12/01/2020;
- 1.6 PERCENT 12/01/2019;
- 2.8 percent 12/01/18;
- 2.0 percent 12/01/2017;
- 0.3 percent 12/01/2016
- Zero percent 12/01/2015
Rough estimate of retroactive CRSC based on available info:
- 634 beginning 12/1/2021: 634.00 x 4 = 2536
- 12/01/2020 thru 11/30/21: 598.67 x 12 = 7184.04
- 12/01/2019 thru 11/30/20 : 590.99 x 12 =7091.88
- 12/01/2018 thru 11/30/19: 581.68 x 12 = 6980.16
- 12/01/2017 thru 11/30/18: 565.84 x 12 = 6790.08
- 12/01/2016 thru 11/30/17 = 554.75 x 12 = 6657.00
- The rate beginning 12/01/2015 would be 553.09 monthly
- TOTAL: $37,059.16 not including any retro from the period beginning 12/01/2015. The monthly rate for that period is $553.09
The computation above replaces earlier computations for this case.
Ron