CRDP/CRSC Open Season Begins in January
Retirees who qualify for both Concurrent Retirement and Disability
Pay (CRDP) and Combat-Related Special Compensation (CRSC) can choose
which compensation they prefer to receive during the CRDP/CRSC open
season that runs for the entire month of January 2013. According to
federal law, retirees can receive either CRDP or CRSC, but not both.
All eligible retirees should have received a CRDP/CRSC Open Season
Election Form in the mail, which includes a comparison of the CRDP and
CRSC entitlement amounts and information about tax implications.
Retirees should return the form only if they wish to make a change from
CRDP to CRSC or vice versa. No action is required to keep things the way
they are and the current payment will continue uninterrupted. Forms must
be postmarked no later than January 31, 2013 and the usual processing
time for this change is 30 days. All elections remain in effect unless
changed in a subsequent annual open season. For more information