Here's my summary:
* Army PEB gave me 10% with medical discharge after 9 yrs of active duty.
* Received about $35,000 severance pay at discharge date (16 Apr 2006) and filed w/VA on same day.
* VA rated me @ 60% on Jan 2007 and began collecting (Rating amount minus severance payback) monthly compensation immediately.
* Around July 2009, severance payback paid-in-full per VA, therefore receiving the full amount at 60% plus dependents.
* Heard about this story and filed DD-294 in April and received letters acknowledging receipt dated April 22 and Aug 25, 2010.
My question now:
* IF approved, will I receive a retirement check every month like all retirees?
* If so, how will it be calculated? I did 9 yrs active duty and E-5 upon day of discharge on April 16, 2006.
* Will I receive back pay and with the info given, AROUND how much will the monthly retirement check be?
* In terms of TriCare, how much is the premium for the best plan for myself plus my dependents? I currently pay around $300/mo. now at my job but is expecting to go up! That plan is a CoPay plan within network. I would probably depend on the TriCare benefits more now.
Any input (optimistic preferred) will be greatly appreciated.
* Army PEB gave me 10% with medical discharge after 9 yrs of active duty.
* Received about $35,000 severance pay at discharge date (16 Apr 2006) and filed w/VA on same day.
* VA rated me @ 60% on Jan 2007 and began collecting (Rating amount minus severance payback) monthly compensation immediately.
* Around July 2009, severance payback paid-in-full per VA, therefore receiving the full amount at 60% plus dependents.
* Heard about this story and filed DD-294 in April and received letters acknowledging receipt dated April 22 and Aug 25, 2010.
My question now:
* IF approved, will I receive a retirement check every month like all retirees?
* If so, how will it be calculated? I did 9 yrs active duty and E-5 upon day of discharge on April 16, 2006.
* Will I receive back pay and with the info given, AROUND how much will the monthly retirement check be?
* In terms of TriCare, how much is the premium for the best plan for myself plus my dependents? I currently pay around $300/mo. now at my job but is expecting to go up! That plan is a CoPay plan within network. I would probably depend on the TriCare benefits more now.
Any input (optimistic preferred) will be greatly appreciated.