| Concurrent Retirement and Disability Pay | | | | and garnishment. The Concurrent Retirement |
| (CRDP) is a phased-in reinstatement of the | | | | and Disability Pay payment rates are as |
| retired pay deducted from military retiree's | | | | follows: (computation begins with the "table |
| accounts due to their receiving of department | | | | rates")-If rated unemployable $750.00 |
| of veterans Affairs (DVA) compensation, | | | | |
| showing on their Retiree Account Statements | | | | -If rated at 100% $750.00 |
| as the "VA waiver". The phased-in | | | | |
| restoration started January 1, 2004 with the | | | | -If rated at 90% $500.00 |
| initial payments dated February 2, 1004.A | | | | |
| person is qualified for the Concurrent | | | | -If rated at 80% $350.00 |
| Retirement and Disability Pay if they have a | | | | |
| DVA-rated, service-connected disability of | | | | -If rated at 70% $250.00 |
| fifty percent or higher, except if they are a | | | | |
| disability retiree with less than twenty | | | | -If rated at 60% $125.00 |
| years of service or a retiree who combined | | | | |
| the military time and civil service time to | | | | -If rated at 50% $100.00The total computed |
| meet the criteria for a civil service | | | | CRDP amounts based on the rates will increase |
| retirement. If they have combined the | | | | each year until January 2014 when they will |
| military time and civil service time in order | | | | be receiving their full retired pay |
| to improve their civil service retirement | | | | entitlement and their DVA disability |
| from OPM, then they are eligible for the | | | | compensation with no reduction. Unlike |
| Concurrent Retirement and Disability Pay | | | | Retired Pay Cost-of-Living Allowances |
| payments, but they will have to replace their | | | | (COLAs), The Concurrent Retirement and |
| retired pay by coordinating with OPM. If one | | | | Disability Pay increases will be effective on |
| becomes eligible for CRDP, their payments | | | | the 1st of January every year, to be paid on |
| will start automatically.Payments from the | | | | the first business day of February. In |
| Concurrent Retirement and Disability pay are | | | | addition, since retired gross pay, DVA |
| delivered through direct deposits or | | | | compensation, and consequently VA waiver |
| mailed-based on their current retired pay | | | | amounts, increase very year with COLAs, they |
| information. The payments will reflect as a | | | | will not be able to precisely extrapolate |
| decrease in the VA waiver deduction on their | | | | CRDP amounts for upcoming years.CRDP amounts |
| retiree Account Statement, but they will | | | | will automatically decrease or increase based |
| maintain to be given the same amount from the | | | | on the percentage of disability accounted to |
| DVA.The Concurrent Retirement and Disability | | | | the Defense Finance and Accounting Service |
| Pay payments are taxable according to their | | | | (DFAS) by the DVA. Just remember that the |
| current retired pay federal Income tax | | | | monthly CRDP amounts cannot go beyond the |
| Withholding (FITW) tax rate and may have an | | | | lesser of your monthly gross related pay or |
| effect on the amount they wish to have | | | | VA waiver amount.Milos Pesic is a successful |
| deducted for State Income tax Withholding | | | | webmaster and owner of popular and |
| (SITW).The payments are also subject to | | | | comprehensive Retirement |
| collection actions for child support, | | | | |
| community property, government debt, alimony, | | | | information site. |