Reimbursement Formula:
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Definition: This calculator estimates the reimbursement amount for military personnel relocation based on government constructed costs.
Purpose: It helps military members and their families understand the expected reimbursement for relocation expenses.
The calculator uses the formula:
Where:
Explanation: The GCC is multiplied by 1.3 to account for additional expenses beyond the base constructed cost.
Details: Accurate reimbursement estimation helps military families budget for relocation and understand their entitlements.
Tips: Enter the Government Constructed Cost (GCC) in dollars. The value must be > 0.
Q1: What is GCC?
A: Government Constructed Cost represents the baseline cost estimate for military relocation.
Q2: Why is the multiplier 1.3?
A: The 1.3 factor accounts for additional expenses like temporary housing, transportation, and other relocation costs.
Q3: Does this include all relocation expenses?
A: This provides a baseline estimate. Some specialized items or circumstances may require additional reimbursement.
Q4: Where can I find my GCC amount?
A: GCC is typically provided in your relocation paperwork or can be obtained from your relocation office.
Q5: Is this calculator official?
A: This is an estimation tool. Always verify amounts with your military relocation office for official figures.