Reimbursement Formula:
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Definition: This calculator estimates the reimbursement amount for a partial Personally Procured Move (PPM) based on the move cost and reimbursement factor.
Purpose: It helps military personnel and government employees calculate their expected reimbursement when organizing their own moves.
The calculator uses the formula:
Where:
Explanation: The move cost is multiplied by the reimbursement factor to determine the amount that will be reimbursed.
Details: Accurate reimbursement estimation helps with financial planning and ensures you understand what portion of your moving expenses will be covered.
Tips: Enter your total move cost in USD and the reimbursement factor (default 0.95). All values must be > 0.
Q1: What is a partial PPM move?
A: A partial PPM is when you handle part of your move yourself while the government handles the rest, typically reimbursed at 95% of what it would cost the government.
Q2: Why is the default factor 0.95?
A: The government typically reimburses 95% of what it would have cost them to move your belongings for partial PPM moves.
Q3: When would I change the reimbursement factor?
A: Adjust if you have special circumstances or different reimbursement rates (e.g., full PPM moves might use different factors).
Q4: What costs should I include?
A: Include all eligible moving expenses - truck rental, packing materials, fuel, tolls, etc. Check with your transportation office for specifics.
Q5: Is this reimbursement taxable?
A: PPM reimbursements may be taxable income. Consult a tax professional for your specific situation.