Hello,
1. I encountered another MSG(P) a few months ago and he was curious whether he would be promoted to SGM before retirement. He returned last week and confirmed he had been promoted to SGM E-9. If promoted to SGM just before you retire, it will will little impact on the retirement base by which your pay is computed unless the following applies:
Final Pay: Primary retirement plan for Reserve members with initial date of entry into service
prior to September 8, 1980 .
2. Your retirement plan will likely be:
High-36 (or "High 3").
High-36 | Defined Benefit that equals 2.5% times the number of years of service times the average of the member’s highest 36 months of basic pay | Primary retirement plan for members with initial date of entry into service on or after September 8, 1980, but before January 1, 2018 |
3. Both retirement pay plans shown at items 1-2 use a multiplier percentage that is 2½% times the years of creditable service. The creditable years of service for a reserve retirement calculation is determined by the sum of all accumulated reserve points divided by 360. Example: 6000 creditable points divided by 360 = 16.67 Active Duty Equivalent years.
16.67 AD equivalent years x 2.5% = 41.68% retirement multiplier
4. Example computation, reserve retirement with high three of $5500 and 16.67 active duty equivalent years (which is 41.68% multiplier): 5500 x 0.4168 = 2292.40 gross retired pay
5. You asked, "...is it assumed that DFAS Will evaluate all the scenarios and the highest amount will be awarded to the Medically retired SM.[?]" Yes, it will be computed as I showed in the example at post number 4 of this thread. CRDP will restore the waived longevity portion of retired pay. It will not restore the amount of waived retired pay in excess of the longevity amount.
6. DFAS, computation of retired pay:
https://www.dfas.mil/retiredmilitary/plan/estimate.html <---LINK
DFAS uses the method that results in the largest payment.
Ron