ARMED FORCES NEWS
LEGION EXPLAINS FUNDING YOUR OWN RETIREMENT
October 18, 2002


The American Legion has stated that the average military retiree is an E-6 and receives about $1,500 a month in taxable military retiree pay. If, after retirement, that veteran is rated with a 100 percent service-connected disability, the $2,300 nontaxable VA disability compensation would completely offset the retirement pay. Instead of receiving $3,800 a month, the veteran receives $2,300. Meanwhile, a private (E-1) who completes just two years of military service and is awarded a 100 percent service-connected disability receives the same $2,300 a month. If the veteran is a federal civil service employee, upon retirement he or she will receive full federal retirement pay and full VA disability compensation with no offset.

TO HCVC HOME PAGE

TO ARCHIVES