Choosing DoD vs VA

Gizzy said:
I have been told that choosing VA compensation it’s better because it’s tax free, but isn’t the VA rating subject to change at Anytime when reevaluated?

I’m Dod 70/VA 90

@PERS-95 @Provis @RonG
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Also there has been recent legislation to potentially withhold VA money if your civilian income is above a certain level.
 
Gizzy said:
I have been told that choosing VA compensation it’s better because it’s tax free, but isn’t the VA rating subject to change at Anytime when reevaluated?

I’m Dod 70/VA 90

@PERS-95 @Provis @RonG
Click to expand...
Upon a reduction of the VA to a certain amount/percentage, that decreases the amount of the offset to your retired pay. More residual retired pay is available.

Also at a later date, one can choose to not agree to waive retired pay in order to receive VA comp. See M21-1.

Ron
 
RonG said:
Upon a reduction of the VA to a certain amount/percentage, that decreases the amount of the offset to your retired pay. More residual retired pay is available.

Also at a later date, one can choose to not agree to waive retired pay in order to receive VA comp. See M21-1.

Ron
Click to expand...
Are the VA/DOD offset pays available to people with <20 yrs? I thought that was just for people with CRDP
 
CRDP requires : 50% or more VA rating and be qualified for
—regular retirement (aka 20 AD)
—non-regular retirement (reserve / NG)
—TERA retirement
—disability retirement AND also qualifies for one of the other retirements shown above

Ron
 
Addendum:

Accepting VA does NOT necessarily mean one will not receive some retired pay.

The retiree keeps any retired pay in excess of the required waiver .

Ron
 

FROM DFAS​

Concurrent Retirement and Disability Pay (CRDP)​

Concurrent Retirement and Disability Pay (CRDP) allows military retirees to receive both military retired pay and Veterans Affairs (VA) compensation. This was prohibited until the CRDP program began on January 1, 2004.

CRDP is a "phase in" of benefits that gradually restores a retiree's VA disability offset. This means that an eligible retiree's retired pay will gradually increase each year until the phase in is complete effective January 2014.

You do not need to apply for CRDP. If qualified, you will be enrolled automatically.

Eligibility​

You must be eligible for retired pay to qualify for CRDP. If you were placed on a disability retirement but would be eligible for military retired pay in the absence of the disability, you may be entitled to receive CRDP.

Under these rules, you may be entitled to CRDP if…

  • you are a regular retiree with a VA disability rating of 50 percent or greater.
  • you are a reserve retiree with 20 qualifying years of service, who has a VA disability rating of 50 percent or greater and who has reached retirement age. (In most cases the retirement age for reservists is 60, but certain reserve retirees may be eligible before they turn 60. If you are a member of the Ready Reserve, your retirement age can be reduced below age 60 by three months for each 90 days of active service you have performed during a fiscal year.)
  • you are retired under Temporary Early Retirement Act (TERA) and have a VA disability rating of 50 percent or greater.
  • you are a disability retiree who earned entitlement to retired pay under any provision of law other than solely by disability, and you have a VA disability rating of 50 percent or greater. You might become eligible for CRDP at the time you would have become eligible for retired pay.
In addition to monthly CRDP payments, you may be eligible for a retroactive payment. DFAS will audit your account to determine whether or not you are due retroactive payment. An audit of your account requires researching pay information from both DFAS and VA.
 
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