Hello,
Your pay will be as I outlined previously.
Average high three = total of highest 36 months of base pay divided by 36
Average high three x 75% = your retired pay
Your retired pay will be reduced dollar for dollar in the amount of VA compensation
You keep any residual retired pay
Inferred: You have a 20 year letter and qualify for non-regular retirement
Upon reaching the age requirement (60 in most cases) you can apply for reserve retirement
The approval of your reserve retirement will trigger CRDP if you have a VA rating of 50% or more
The CRDP will restore the longevity portion of your retirement pay
Active duty equivalent years x 2.5% (2% if blended retirement elected) = longevity multiplier
Average high three base pay x longevity multiplier = longevity portion of retired pay and potential CRDP
Residual retired pay combined with CRDP cannot exceed the longevity portion of retired pay.
Your CRDP if applicable will be:
Active duty equivalent years x 2.5% (2% if blended retirement elected) = longevity multiplier
Average high three base pay x longevity multiplier = longevity portion of retired pay and potential CRDP
Residual retired pay combined with CRDP cannot exceed the longevity portion of retired pay.
Ron
Your pay will be as I outlined previously.
Average high three = total of highest 36 months of base pay divided by 36
Average high three x 75% = your retired pay
Your retired pay will be reduced dollar for dollar in the amount of VA compensation
You keep any residual retired pay
Inferred: You have a 20 year letter and qualify for non-regular retirement
Upon reaching the age requirement (60 in most cases) you can apply for reserve retirement
The approval of your reserve retirement will trigger CRDP if you have a VA rating of 50% or more
The CRDP will restore the longevity portion of your retirement pay
Active duty equivalent years x 2.5% (2% if blended retirement elected) = longevity multiplier
Average high three base pay x longevity multiplier = longevity portion of retired pay and potential CRDP
Residual retired pay combined with CRDP cannot exceed the longevity portion of retired pay.
Your CRDP if applicable will be:
Active duty equivalent years x 2.5% (2% if blended retirement elected) = longevity multiplier
Average high three base pay x longevity multiplier = longevity portion of retired pay and potential CRDP
Residual retired pay combined with CRDP cannot exceed the longevity portion of retired pay.
Ron