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