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 visit http://www.dfas.mil/retiredmilitary.html