CRSC Payment Calculation
I am trying to decide if I should apply for CRSC. How much will I get in total with CRSC?
I have a 100% DoD medical disability rating, a 100% VA disability rating and will most likely have a 100% CRSC rating. I have 8 years and 8 months of active duty service. I have a spouse and three children under the age of 18.
Would I get more or less if I was approved for CRSC?
The DFAS disability retirement estimator was
Expected Monthly VA Payment $3,348.64.
Retired Pay $737.36
CRSC entitlement $442.64
Total projected Benefit is $4528.54 but I think these are old figures. I think the DFAS disability estimator was using 2016 numbers when I used it because, the VA disability compensation was $3,358.68 ($3,97.16 + $80.76 +$80.76) or close to it.
Retired pay based upon years of service (YOS)
Service multiplier = 8.67 years x 2.5% = 0.21675, 0.21675 is the service multiplier
Retired pay based on YOS=$5449.20 x .21675 = $1181.1141
Retired pay + CRSC entitlement = retired pay based upon YOS or retired pay based upon YOS - retired pay = CRSC entitlement
$1181.11 - $565.11 = $616
CRSC entitlement is $616. So I would get the following each month:
$3,521.79 + $565.11 + $616 = $4,702.90 (approximately)
In general, do I have the calculations for my particular case correct? Thank you (in advance) Ron for your help.
I am trying to decide if I should apply for CRSC. How much will I get in total with CRSC?
I have a 100% DoD medical disability rating, a 100% VA disability rating and will most likely have a 100% CRSC rating. I have 8 years and 8 months of active duty service. I have a spouse and three children under the age of 18.
- Gross retired pay is $4086.90/.75 = $5,449.20 or ($5449.20)75%=$4086.90
- VA disability compensation is $3,521.79
- $4086.90-$3,521.79= $565.11, $565.11 = residual retired pay
- Retired pay based on YOS=8.67 x 2.5% = .21675 = service multiplier=$5449.20 x .21675 = $1181.1141
Would I get more or less if I was approved for CRSC?
The DFAS disability retirement estimator was
Expected Monthly VA Payment $3,348.64.
Retired Pay $737.36
CRSC entitlement $442.64
Total projected Benefit is $4528.54 but I think these are old figures. I think the DFAS disability estimator was using 2016 numbers when I used it because, the VA disability compensation was $3,358.68 ($3,97.16 + $80.76 +$80.76) or close to it.
Retired pay based upon years of service (YOS)
Service multiplier = 8.67 years x 2.5% = 0.21675, 0.21675 is the service multiplier
Retired pay based on YOS=$5449.20 x .21675 = $1181.1141
Retired pay + CRSC entitlement = retired pay based upon YOS or retired pay based upon YOS - retired pay = CRSC entitlement
$1181.11 - $565.11 = $616
CRSC entitlement is $616. So I would get the following each month:
$3,521.79 + $565.11 + $616 = $4,702.90 (approximately)
In general, do I have the calculations for my particular case correct? Thank you (in advance) Ron for your help.