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Jun 2 10 8:01 PM
Jun 2 10 8:57 PM
toplsvette,What does all this mean to the Ch 61 retiree?Mack
We plug in the numbers and $3,000 x (2.5% x 5) = $1,875So this fellow would get VA compensation ($3,000) and retirement pay ($1,875) and the remaining $1,125 would continue to be offset by his VA compensation because that's the amount that "exceeds 2 1⁄2 percent of the member’s years of creditable service multiplied by the member’s retired pay base."He would get $4,875 instead of just $3,000.
Jun 2 10 9:03 PM
Jun 2 10 9:28 PM
We plug in the numbers and $3,000 x (2.5% x 5) = $1,8752.5% x5 = 12.5% x $3,000.00 = $375.00 for LOS Retirement.So this fellow would get VA compensation ($3,000) and retirement pay ($1,875) ($375.00) and the remaining $1,125 would continue to be offset by his VA compensation because that's the amount that "exceeds 2 1⁄2 percent of the member’s years of creditable service multiplied by the member’s retired pay base."He would get $4,875 instead of just $3,000.
Jun 2 10 10:38 PM
Wiley 1,At the risk of offending you (again) I'd like to ask if you understand now, why you were treated the way you were retired by the military? It sounds to me like you were discharged IAW the regs at the time.Mack
Jun 2 10 11:02 PM
Jun 3 10 7:04 AM
Jun 3 10 7:39 AM
Jun 3 10 7:42 AM
Alright, what is the correct formula (from what the legislation might be)?Example1 : Base pay x 2.5 x Years servedExample2 : LES pay x 2.5 x Years servedMy base pay is $4100 (today) with a 40% Ch. 61 retirement for $1640 a month, waived entirely by my VA disability @ 90%.13.3 years active duty service. Any ideas?
Jun 3 10 8:26 AM
Jun 3 10 9:40 AM
Jun 3 10 10:31 AM
Jun 3 10 10:46 AM
LTC, USA (ret)
Jun 3 10 3:26 PM
Jun 3 10 3:32 PM
I have a few questions. 1. Will reservist who are chapter 61 retired, but have earned their 20 year letter will still have to wait till their 60th birthday to receive the full chapter 61 pay and va disability compensation. Example: Reservist medically retired with 5 years active duty at 70 percent of his base pay and 100 percent from va. The reservist has their 20 year, doing the math with proposed bill, cdrp would be 5 los x 2.5=12.5% x basepay. Now when the reservist turns 60 will they be able to collect 50% of their basepay for having 20 good years or collect 70 percent for medical retired pay (chapter 61). 2. SBP payment? Will that be recalculated under the proposed under the new bill or still calculated under chapter 61 retirement.
Reserve members over 20 receive their "points" (LOS) total at age 60; 20 good years reserve duty does not equal 50% base pay. It is only LOS points. Some Guard/Reserve members over 20 by the nature of their career (AD+Guard/Reserve+ADOS, etc.) will have more than 7200 points! I know of many that are in the 10,000 point range; they simply retired from the reserve component for many various reasons at or near age 60. I am a Chapter 61 retiree from the Guard/Reserve AGR (AD) program that has 27 years unbroken service but at time of retirement had 3600 (10 yrs) of AD for retirement. I will not receive any new pay at age 60 because I am already retired with pay via Chap 61 from AD PDRL on a title 10 order. I will however, as a chap 61 retiree, be eligible for CRDP at age 60 with the 20 "good years" or hopefully be eligible Jan 2011 if under 20 (AD years) are given CRDP eligibility by congress this year.One thing is for certain: We all have many difference career paths in the military that produce a lot of different statuses that can confound the discussion.
Jun 3 10 8:09 PM
You just put into words, what took me some time to wrap my brain around. Thanks for the post as other folks with reserve/guard time will have the same question. Gatormsc
Jun 4 10 8:09 PM
toplsvette,What does all this mean to the Ch 61 retiree?Mack
Jun 5 10 4:28 PM
Jun 6 10 10:52 AM
it is a good time to contact your rep and tell them you oppose paying 61's a 'made-up" percentage of their disability payments until all those that served 20+ have their retirement restored. retirement that is 'earned by YOS and has nothing NOTHING NOTHING to do with disability. Then and only then can we work on making a real LOS retirement for the 61's ; it is being done on the cheap to get votes right now with this bill.BZ to the less than 50% disabled 20 year crowd for holding their tongues the way they have. I will not be quiet about it, and I hope others will speak for the less than 50% over 20's too, demanding of congress that the remainder of the original injustice be remedied before providing money to less than 20, . Let me see here....two soldiers; one with 20+ years service, one with 5 years service. Both injured at 50%. Worst case scenario: 5 years service, E-3, ch 61 on liberty 50% (VA) disabled in a car wreck in his home town. And an 20+ year service E-7 on duty in god-only-knows-where-k-stan injured in a non-combat event at 50%(VA) disabled and we are going to pay the E-3 and continue to withhold the EARNED retirement of the careerist???????????? And everyone is ok with this ??????? Fire away, but know that there are people who do not support this 61 initiative. If you take it as against you, I am sorry. It is nothing against 61's. It is just fundamentally wrong to withhold earned LOS retirement and pay it out as part of a disability check to those with as few as two years in service. I do not care if 61's all started drawing their base pay as long as those with over 20 were allowed to draw the retirement they earned for 20 years service.It is the injustice that angers me...not that the 61's are getting $$. I dont care how much 61's get as long as the 20+ retiree gets the retirement they earned for all the years they served. IMHO the provision in this bill needs to be removed., and some in congress agree. let's hope there are enough to stop this.
Jun 6 10 11:01 AM
It is just the spoiled brat syndrome, if I don't get mine then nobody should get it! I guess when the over 20 less then 50% vote comes up we should all rail against it because it doesn't apply to us. The narrow mindedness of some people never ceases to amazes me.
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