Sorry yall,
been a pretty busy month or so, so here is my updates.
I received my ratings the 13th of May 2013 got 70% VA 10%DOD which means that I am getting seperated with service pay. It took just over a month for my ratings to come back and I didnt feel like fighting it.
Rumor Buster: If you take a severance you have to pay it back with your VA..... True but not all of your va disibility goes to pay back your severance....
I was medboarded for lower back which received 10% both VA and Army, my total VA rating was 70% which with a spouse entitles me to 1402 in disability pay that amount will be reduced by 10% (the amount the army gave you for the med boarded condition) so 10% of 1402 is 140.20 do the math 1261 is now my new disability payment.
I chose not to fight my ratings which it then moved to the seperation phase. After signing the 199 (form for the findings of your PEB that provides your prelim ratings) your packet will be sent to TRANSPOC this is the step where they make your seperation orders and a DD214 worksheet.
Ratings on Monday transpoc by Friday Start clearing the following monday. Finaled out the 31 of may and I am now on transition leave.
TRANSPOC:
---when you hit transpoc you will set your new ETS date
---Requires new ETS Date with in 90 days of hitting transpoc
---You are entitled to 20 days PTDY for House and Job hunting
---Maximum 14 working days of clearning
---Terminal/transition leave time
Severance pay
according to my medical records my condition worsened in a combat zone but was not incurred in a combat zone so my severance is calculated using the following formula
Base pay x 2 x Years of service = $ XXXXX
Initialy taxed how ever the day after your ets date you may file to have the taxes returned to you.
Calculated with a minimum of 3 Years TIS
If your injury was incurred in a combat zone then you will be calculated with a minimum 6 years of service
Base Pay x 2 x 6 yr min or more = $ XXXXXX
Will not be taxed and will not require VA Disablity recoupment.
---Lump Sum + your full VA disability.
been a pretty busy month or so, so here is my updates.
I received my ratings the 13th of May 2013 got 70% VA 10%DOD which means that I am getting seperated with service pay. It took just over a month for my ratings to come back and I didnt feel like fighting it.
Rumor Buster: If you take a severance you have to pay it back with your VA..... True but not all of your va disibility goes to pay back your severance....
I was medboarded for lower back which received 10% both VA and Army, my total VA rating was 70% which with a spouse entitles me to 1402 in disability pay that amount will be reduced by 10% (the amount the army gave you for the med boarded condition) so 10% of 1402 is 140.20 do the math 1261 is now my new disability payment.
I chose not to fight my ratings which it then moved to the seperation phase. After signing the 199 (form for the findings of your PEB that provides your prelim ratings) your packet will be sent to TRANSPOC this is the step where they make your seperation orders and a DD214 worksheet.
Ratings on Monday transpoc by Friday Start clearing the following monday. Finaled out the 31 of may and I am now on transition leave.
TRANSPOC:
---when you hit transpoc you will set your new ETS date
---Requires new ETS Date with in 90 days of hitting transpoc
---You are entitled to 20 days PTDY for House and Job hunting
---Maximum 14 working days of clearning
---Terminal/transition leave time
Severance pay
according to my medical records my condition worsened in a combat zone but was not incurred in a combat zone so my severance is calculated using the following formula
Base pay x 2 x Years of service = $ XXXXX
Initialy taxed how ever the day after your ets date you may file to have the taxes returned to you.
Calculated with a minimum of 3 Years TIS
If your injury was incurred in a combat zone then you will be calculated with a minimum 6 years of service
Base Pay x 2 x 6 yr min or more = $ XXXXXX
Will not be taxed and will not require VA Disablity recoupment.
---Lump Sum + your full VA disability.