CRSC Estimate

RaiderX

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-- 1,945.00 On Ras.
--I was approved for 60% DOD in my medical retirements, with is $1,945.00.
-- I have 18 years and 9 months and 20 days of active duty (20 year letter from reserves)
--I receive 100% P&T VA with is $3520.00 I have a wife and 2 kids that are under 18 years, with One in college.
--Submitted for CRSC Low End would put me at 50% with just Gulf War related stuff. Additional 10% if they accept the tinnitus for a total of 60%.
 

RonG

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-- 1,945.00 On Ras.
--I was approved for 60% DOD in my medical retirements, with is $1,945.00.
-- I have 18 years and 9 months and 20 days of active duty (20 year letter from reserves)
--I receive 100% P&T VA with is $3520.00 I have a wife and 2 kids that are under 18 years, with One in college.
--Submitted for CRSC Low End would put me at 50% with just Gulf War related stuff. Additional 10% if they accept the tinnitus for a total of 60%.
Estimate:
1. 1945 Gross retired divided by 0.60 = 3241.66 high three
2. 1945 gross is reduced to zero by amount of VA comp received
3. 18.75 AD years x 2.5% = 46.88% longevity multiplier
4. 3241.66 x 0.4688 = 1519.69 longevity portion of retired pay
5. 50% CRSC with spouse, 2 c under 18, 1 in college = $1,026.36 + $42.00 +$136.00 Total: $1204.36

Your CRSC would be $1204.36 @ 50% using the info you provided.

Ron
 

RonG

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RaiderX,

Since you have 20 good years and a VA rating of =>50%, you will be eligible for CRDP once you meet the Reserve age requirement for retirement with pay. It appears your CRDP (instead of CRSC) would be 1519.69 longevity portion of retired pay .

Ron
 

RaiderX

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Ron,

That's still 16 years away. So until they change the rules, this will have to do until then.
 

RonG

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Ron,

That's still 16 years away. So until they change the rules, this will have to do until then.
Good point...

Of course time flies. I retired from active duty almost 30 years ago, after a 24+ year career (22.75 AD; 2 reserves).

Ron
 

RaiderX

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The other points to this are CRCS I don't worry about paying federal theft(taxes) on the 1591. As well as I can make 1200 grow by investing it or saving it now which I cant do with the CRDP money currently.
 

RonG

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The other points to this are CRCS I don't worry about paying federal theft(taxes) on the 1591. As well as I can make 1200 grow by investing it or saving it now which I cant do with the CRDP money currently.
Yes and at one point I accepted CRSC even though it was less than the CRDP I received by several hundred dollars.

I had income separate from the DFAS payments and I determined that even taking the lesser amount (CRSC) I was better off due to the tax benefits.

That decision was based on computations involving my overall taxable income with CRDP, etc.

Good luck,
Ron
 
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