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DEC and "career progression factor"

Armyguy25

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Hi, recently got approved for DEC and the paperwork says I'm now also eligible for the CPF, which is a 1% increase per year based on when I got out of the military.

Can someone give me a brief explainer on how that works? Is it used to recalculate my monthly amount going forward? Or is there a backpay component attached to it?

For reference I've been on IRB for about ten years now and released in 2008 (2022 would be my twenty years in date)
 
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