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VA Question
Is your retirement check suppose to decrease. The same amount your VA Disability increases? Im confused here.
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Normalgirl you are correct however I don't think that's what he means a VA pension. The answer is YES... Lets say your retirement pay is $3,000 per month. However you are rated at 50% disabled... So you will recieve $1500 RETIREMENT pay and $1500 DISABILTY pay. But, The DISABILTY pay is tax free. Feel free to IM me
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The retirement pay penalty is no longer valid,, If you have 20yrs and 50% you get 4500 @ month.. ??? |
The deduction of VA benies was done away with by GWBush and adjusted 10%yearly until the 100% mark was reached.I recieve my full retirement amt and my full VA disability monthly.
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Correct.
Combat Related Special Compensation was enacted. In 2008 it was amended to allow those medically retired with less then 20 to receive both military pay and VA disability with no offset.
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Well I stand corrected then, I retired in 2006 and I know I was denied CRSC however I have a 60% SC disability. Re-filing paper now. Thanks and sorry for the misleading info.
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Typical VA thread:eek: |
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That is quite a bit lower. TR |
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Yearly the VA sends me a letter asking which I choose to elect and when the reg dis went higher (due to the 10% yearly phase in) than the combat related I changed over. |
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Unfortunately those of us at only 40% don't see any of that. With this compensation formula just try and get updated to that 50% mark. It's easier to get from 50% to 100% than it is to get from 40% to 50%.
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disability pay
One other little thing; the percentage is not the percentage of your retirement pay. It is a percentage of the allowed amount which can range to just over $3000 monthly dependent on family members. Rank/Time in Service have no bearing on the amount you receive.
A person with 50% disability, spouse, and two kids will get $936.00 per month regardless of retiring as an E-6 with 20 years or an 0-6 with 30. MVP |
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