Hectic and draining are simple expressions to define a personally procured move. However, the process is rewarding when conducted with the right tools. Actually, it’s not about how many times you have moved. One wrong move can really put a financial dent. However, understanding how to calculate PPM is essential as it eliminate all potential fails and gives value to your move and reimbursement.
A PPM move calculator is a significant tool to incorporate in your moving strategy. It’s a vital tool for all service men regardless of years of service. Whether shifting as an individual or with family, the calculator will do the calculating. You can compare the cost by availing the fundamental components.
- Weight
- Expenses
- Mileage
How to calculate PPM for single VS Family moves
To attain accurate PPM reimbursement, service members need to understand the basic PPM formula and calculations. You need to have an estimate of expenses to understand the total government reimbursement.
The government pays a rough of 95% the amount they would have used to move a service member and their family. The sum is minus your actual expenses. The payout depends on the official weight and distance/mileage. To get an accurate estimate for positive PPM pay, you can follow the formula below.
- PPM Reimbursement = (official weight × Distance × Government rates) × PPM percentage.
The official weight is the total weight of all house goods you are allowed to carry. This depends on
- Military rank
- Dependency status (family (14,000 Ibs or single 8,000 Ibs).
For distance calculation the military mileage estimates from old duty station to the new duty station.
Government cost rates cover:
- Fuel
- Labor
- Packing and handling
- Transportation
Note that the rates change yearly based on the military charts or official systems.
Single service member PPM
Example
- Weight 7000 Ibs
- Mileage 1,000 miles
- Government rates $0.80 (pounds)
7000 *0.08=$5600
$5600 *0.95= $5320 reimbursement. (95% government cost)
Family service member PPM
- Weight 12000 Ibs
- Distance 1,200 miles
- Rates 0.85 per pound
12000 *00.85 =$10200 *0.95 = $9690 reimbursement.
With the right understanding of the formula and correct inputs, it’s easy to turn your PPM to percent using the above steps.
What is PPM, and why does household size matter?
PPM (personally procured move) is a moving option also known as DITY or do it yourself, offered to service men who receive a PCS order. The member needs to calculate all expenses incurred when moving from the old duty station to the new duty station. The amount should align with the set government rates in order to receive compensation. It’s more preferable that a government move. However, to get profits or receive the right compensation, one must have the correct details to avoid losses.
How to maximize PPM for single and families
To get the value of your PPM, it’s best to consider the following tips:
- Check the accurate weight to avoid underpayment.
- Review all rental and transportation options.
- Reserve all receipts for easy documentation.
- Plan early to avoid mistakes
- Declutter and downsize if possible.
Conclusion
Whether single or moving with family, logistics play a huge part in the end compensation. It all comes down to using a smart PPM calculator for realistic data.