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Retired Disability Pay Estimator: **No longer Available from DFAS** This military medical retirement calculator allows you to enter your personal information to estimate your monthly compensation from VA, retired pay and Combat Related Special Compensation (CRSC).How much is my military pension if I am still serving?
Service members who entered the armed forces before Sept. 8, 1980, and are still serving can use the Final Pay Calculator to estimate their future military pension amount. Of all the retirement plans, the Final Pay system uses the simplest formula. You’ll receive 2.5% of your final monthly basic pay for every year of service.How is the retirement multiplier calculated for years of service?
For both the Final Pay and High-36 retired pay plans, each year of service is worth 2.5% toward the retirement multiplier. For example, 20 years of service would equal a 50% multiplier. The years of service creditable are computed differently depending upon whether retirement is from full time active duty or from a reserve career.How do you calculate retired pay for a retirement plan?
All four of the regular and non-regular retirement plans determine initial monthly retired pay by applying a percentage multiplier to the retired pay base. There are two methods for determining the retired pay base. They are the final pay method and the high-36 month average method.