Monday, September 29, 2008

Worst Case Scenario

With my on going medical visits and the soon to be had surgery, questions asked of me are about the worst case scenarios. If the surgery goes wrong or if recovery doesn't go as planned it is the "then what" questions. Basically, I would be looking at one of the four possibilities.

Separation with severance pay
This happens when separation with disability severance pay occurs if the member is found unfit, has less than 20 years of service, and has a disability rating of less than 30%.
This is highly unlikely so I haven't even considered it.

Permanent disability retirement
Permanent disability retirement occurs if the member is found unfit, the disability is determined permanent and stable and rated at a minimum of 30%.
This one is a possibility and retirees can receive retired pay based on the larger of two formulas: multiplying the retired pay base either by the percentage of the disability rating or by 2.5 percent of the number of years of service, up to a 75 percent ceiling.

Temporary disability retirement
Temporary disability retirement occurs if the member is found unfit and entitled to permanent disability retirement except that the disability is not stable for rating purposes. "Stable for rating purposes" refers to whether the condition will change within the next five years so as to warrant a different disability rating.
This is the other possibility that I must look at and the pay amount is the minimum payment is 50 percent of the last amount of basic pay before the member was taken off duty; the maximum is 75 percent.

Separation without benefits
Separation without benefits occurs if the unfitting disability existed prior to service, was not permanently aggravated by military service, and the member has less than 8 years of Active Service (active duty days); or the disability was incurred while the member was absent without leave or while engaging in an act of misconduct or willful negligence.
This is not the case so therefore doesn't apply.

I hope this answers everyone's questions. Oh, if you thinking how does one figure out the percentage then I suggest you can read for yourself. Go to this link: http://www.warms.vba.va.gov/bookc.html

If you can understand it, then you are the shinier apple.
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