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#5751263 - 05/19/15 07:01 PM who knows about dv going back
luv2brode Offline
Extreme Tracker

Registered: 09/23/06
Posts: 3598
Loc: austin area
any one got info on this
guard? reserves?
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#5752570 - 05/20/15 04:05 PM Re: who knows about dv going back [Re: luv2brode]
Slow Drifter Online   content


Registered: 04/09/09
Posts: 4256
Loc: Central Texas
Depending on your disability and if it prevents you from physically qualifying for your job and for duty in general. For reserves, VA gets a list of all your drill days annually and they dock you a months compensation for every 30 days you drill in a year. If you go active duty VA compensation stops entirely until you get out. If you re-apply within a year from active duty discharge you will be reinstated from the day following release from active duty. Be prepared for examinations. If you wait more than a year to let VA know you're out your compensation will only be payable from the day you notify them.

I hope this helps.
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"I have no idea what WW-III will be fought with, but WW-IV will be fought with sticks and stones."

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#5752932 - 05/20/15 07:28 PM Re: who knows about dv going back [Re: luv2brode]
luv2brode Offline
Extreme Tracker

Registered: 09/23/06
Posts: 3598
Loc: austin area
thanks yep that helps looking at ng
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#5756360 - 05/23/15 09:16 AM Re: who knows about dv going back [Re: luv2brode]
MikeTX Offline
Woodsman

Registered: 01/08/13
Posts: 177
Loc: San Antonio, TX
I get a VA letter each year totaling up my reserve days. Depending on how many days a year I do...it varies from 50 - 80...after I fill it out and send it back in, they then stop my VA disability for the corresponding amount of months.

There may be something about losing the VA disability once you start drawing your reserve retirement at 60, but I haven't thought that far ahead smile

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#5757062 - 05/23/15 11:18 PM Re: who knows about dv going back [Re: luv2brode]
luv2brode Offline
Extreme Tracker

Registered: 09/23/06
Posts: 3598
Loc: austin area
thank you
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i am cancelling my subscription, i am tired of your issues!

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#5795468 - 06/18/15 06:09 PM Re: who knows about dv going back [Re: MikeTX]
Slow Drifter Online   content


Registered: 04/09/09
Posts: 4256
Loc: Central Texas
The following disclaimer is included on your original 21-526. It's an automatic waiver of VA compensation for receipt of military retired pay. VA Compensation is offset dollar for dollar for military retired pay, with a few exceptions. You can opt out of VA compensation, and get service connected for your disabilities and receive full retired pay as well. The issue is, VA disability compensation is tax-exempt, retired pay is not UNLESS it is disability retired pay. So, for simplicity's sake, let's say $10,000 of your annual income entitlement is standard length of duty retired pay, but you're entitled to, and receive, $5,000 in VA compensation. You'll receive $5k from retired pay, and $5k from VA. Only the $5k in retirement pay is taxable. The $5k from VA is tax exempt.

"IMPORTANT: Submission of this application constitutes an election of VA compensation in lieu of military retired pay if it is determined you are entitled to both
benefits. If you are entitled to receive military retired pay, your retired pay may be reduced by the amount of any VA compensation that you are awarded. VA will
notify the Military Retired Pay Center of all benefit changes. Receipt of military retired pay or Voluntary Separation Incentive (VSI) and VA compensation at the same
time may result in an overpayment, which may be subject to collection. However, if you do not want to receive VA compensation in lieu of military retired pay, you
should check the box in Item 17. Please note that if you check the box in Item 17, you will not receive VA compensation, if granted."


Edited by Slow Drifter (06/18/15 06:10 PM)
_________________________
"I have no idea what WW-III will be fought with, but WW-IV will be fought with sticks and stones."

A. Einstein


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