20yr regular AD retirement vs. Med retirement

W

wallys1025

PEB Forum Regular Member
Registered Member
I’ve been following a lot of post where mbrs are assisted with CRSC/CRDP. I’m having a hard time understanding the benefits of medical retirement at 20yrs if you qualify for either CRSC/CRDP.

It’s not like one will receive the max multiplier of 75%. So if I have the option of regular retirement or med retirement which will provide me with the best financial outcome?
 
Hi @wallys1025

It is confusing when one posts the same info in more than one thread.

Earlier:
RonG,

I’ve been following a lot of your post assisting mbrs with CRSC/CRDP. I’m having a hard time understanding the benefits of medical retirement at 20+yrs if you qualify to choose either.

Thanks in advance.
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Hello Walley,

A few comments follow:

If you receive a medical retirement, but if you qualify for CRDP due to having a VA rating of 50% or more (and you have 20+ AD service) you will receive:
a. The longevity portion of your retired pay (example: 20 yrs x 2.5% x average high three for retirement = CRDP) plus your VA comp
b. If you have residual retired pay remaining after the waiver of retired pay in the amount of VA comp, the combination of residual retired pay and CRDP cannot exceed the dollar amount of the longevity portion of retired pay.

Some others might chime in, but as far as finances go, I see little benefit from a medical retirement if one is eligible for CRDP via a regular retirement. TRICARE is a benefit for both disability and regular retirements (and RC).

Back to your question: If you received a CH 61 retirement and did not quality for CRDP (via another type retirement), you would receive the following:
--VA compensation
--You retired pay would be reduced by the amount of VA compensation, but there would not be CRDP to restore the amount waived.

Ron
 
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When DFAS computes your retired pay, they will use the higher of:

--the DoD percentage (e.g., 70%)
OR
--the longevity multiplier (e.g., 20 yrs x 2.5% = 50% longevity multiplier)

Ron
 
I agree with @RonG above.
 
RonG said:
Hi @wallys1025

It is confusing when one posts the same info in more than one thread.

Earlier:

Hello Walley,

A few comments follow:

If you receive a medical retirement, but if you qualify for CRDP due to having a VA rating of 50% or more (and you have 20+ AD service) you will receive:
a. The longevity portion of your retired pay (example: 20 yrs x 2.5% x average high three for retirement = CRDP) plus your VA comp
b. If you have residual retired pay remaining after the waiver of retired pay in the amount of VA comp, the combination of residual retired pay and CRDP cannot exceed the dollar amount of the longevity portion of retired pay.

Some others might chime in, but as far as finances go, I see little benefit from a medical retirement if one is eligible for CRDP via a regular retirement. TRICARE is a benefit for both disability and regular retirements (and RC).

Back to your question: If you received a CH 61 retirement and did not quality for CRDP (via another type retirement), you would receive the following:
--VA compensation
--You retired pay would be reduced by the amount of VA compensation, but there would not be CRDP to restore the amount waived.

Ron
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My apologies for the double post, it’s confusing as I don’t see my posts in the ne w post section, so I question if they’re being seen by the masses.
 
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wallys1025 said:
My apologies for the double post, it’s confusing as I don’t see my posts in the ne w post section, so I question if they’re being seen by the masses.
Click to expand...
Hello @wallys1025 .

No apologies necessary. I agree...some things are hard to track.

Ron
 
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