Dear : This letter is in reference to your application for correction of your naval record pursuant to Title 10, United States Code, Section 1552. After careful and conscientious consideration of the entire record, the Board for Correction of Naval Records (Board) found that the evidence submitted was insufficient to establish the existence of probable material error or injustice. Consequently, your application has been denied. Although your application was not filed in a timely manner, the Board found it in the interest of justice to waive the statute of limitations and consider your case on its merits. A three-member panel of the Board, sitting in executive session, considered your application on November 8, 2019. The names and votes of the members of the panel will be furnished upon request. Your allegations of error and injustice were reviewed in accordance with administrative regulations and procedures applicable to the proceedings of this Board. Documentary material considered by the Board consisted of your application, together with all material submitted in support thereof, relevant portions of your naval record, as well as applicable statutes, regulations, and policies. You requested that the error of removing separation pay in the amount of $5400.00 from your DD 214 issued on June 3, 1998 be corrected. The Board, in its review of your entire record and application, carefully weighed all potentially mitigating factors, to include your assertions that the Defense Finance and Accounting Service (DFAS) changed the separation pay to an overpayment one year after your separation. However, the Board concluded that the records reflect that you received a separation code of “LFT” on your DD Form 214, effective June 3, 1998. Per the Military Personnel Manual (MILPERSMAN) 1920-030, 5.b., any service member who initiates or causes their own voluntary separation is not entitled to any separation pay. Your narrative reason for separation was “physical standards.” Personnel who receive a separation designator code of LFT are ineligible for separations pay. It is regretted that the circumstances of your case are such that favorable action cannot be taken. You are entitled to have the Board reconsider its decision upon the submission of new matters, which will require you to complete and submit a new DD Form 149. New matters are those not previously presented to or considered by the Board. In this regard, it is important to keep in mind that a presumption of regularity attaches to all official records. Consequently, when applying for a correction of an official naval record, the burden is on the applicant to demonstrate the existence of probable material error or injustice.