Military Pay Archive

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Concurrent Retirement and Disability Pay (CRDP) Overview

Concurrent Receipt means to receive both military retirement benefits and VA disability compensation, and up until 2004 this was forbidden by law. To receive a VA disability compensation, disabled military retirees had to waive all or part of their military pay. The following is a summary of Concurrent Receipt: Concurrent Receipt Overview Benefits Update Eligibility The Value of the CRDP Benefit Computing Your CRDP P... more

VA Fiduciary Program

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VA's Fiduciary Program was established to protect Veterans and other beneficiaries who, due to injury, disease, or due to age, are unable to manage their financial affairs. VA will only determine an individual to be unable to manage his or her financial affairs after receipt of medical documentation or if a court of competent jurisdiction has already made the determination. Upon determining a beneficiary is unable to manage his or her financi... more

2014 Cost-of-Living Allowance (COLA)

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As a servicemember, you can expect to be stationed virtually anywhere in the country. During your career, you are likely to be assigned to a variety of low-, moderate- and high-cost locations. Although private sector pay often reflects the local cost-of-living, military basic pay tables do not vary based on location. To help offset the effects of higher cost areas, military servicemembers may be eligible for a Cost-of-Living Allowance (COLA). ... more

Hardship Duty Pay

Hardship duty pay is is additional compensation paid to servicemembers assigned to locations where living conditions are substantially below those conditions in the continental U.S. (CONUS). The following is a summary of HDP: Hardship Duty Pay-Location Specifics Hardship Duty Pay-Mission Hardship Duty Pay - Involuntary Extension Military Hardship Duty Pay-Location HDP-L is compensation paid to members assigned outside... more

Waiver of Retired Pay

Under certain circumstances a military retiree may choose to waive part or all of their military retirement pay. A waiver is the relinquishment of all or a portion of one benefit to qualify for another benefit. Veterans frequently waive only so much of their retired pay as is equal to the amount of VA disability compensation to which they are entitled. Since this compensation is not taxable but retired pay from the Armed Forces based on age or... more

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