09 January 2014

Developing: Military Pension COLA Cuts Won't Affect Disabled Vets | RallyPoint.com

Washington (ABC News) — A massive spending bill taking shape on Capitol Hill is likely to repeal a recently enacted pension cut for disabled veterans.

Capitol Hill aides said Wednesday that the $1 trillion-plus omnibus spending bill measure will reverse a 1 percentage point cut to annual cost-of-living increases that was inadvertently applied to more than 63,000 veterans who have left the military due to injury or disability.

But the controversial pension cut included in last month’s budget agreement would continue to apply to other military retirees. It would save about $6 billion over the coming decade, money that’s being used to ease cuts to the Pentagon budget this year.

The pension cuts have drawn fierce opposition from veterans groups and lawmakers in both parties, but it’s unclear whether the entire provision will be repealed. The aides required anonymity because the spending bill isn’t complete and they aren’t authorized to discuss it publicly.

Some lawmakers originally claimed, incorrectly, that the pension cut in last month’s budget bill would not apply to disabled veterans. When they discovered that it did, they immediately promised to correct it. The upcoming budget measure is the first available vehicle.

House Budget Committee Chairman Paul Ryan, R-Wis., recently defended the pension cut in an op-ed in USA Today, saying he stands behind “responsible reforms of military compensation.”

Service members are permitted to retire at half pay after 20 years in the military, which means they can claim their pensions as early as age 38, a generous benefit that defenders say helps retain servicemen and women. He says a typical serviceman who retirees at 38 would receive a $1.7 million pension over his lifetime instead of a $1.8 million benefit and that most military retirees go on to second careers.

1 comment:

  1. The hypocrisy of Paul Ryan, a man who at age 16, was able to save Social Security survivor benefits for his college, at the expense of his father's demise.

    Indeed, there are many who managed to make it to their 20 year retirement, partially by no saying much about their service connected injuries and illness out of fear of being placed before a MEB prematurely and by doing so, were able to give back to their country a few more years of service. Now those disabled Veterans, who are listed as such with the VA and not with DoD and being given "thanks" by those like Rand Paul, thru being bait and switched out of their earned Post-Retirement pay and benefits.

    I myself gave 22 years total service to this Country with the Military, I'm more fortunate than many of my battles that I am still able to work. However, given what's being done today by those who never served to those who have. I will ensure you that I by no means will promote to my son of his need to voluntarily enter any branch of the US Military and I certainly know at this point at his approaching 16 years of age, he has never brought the question up to me, now expressed such interest. He'll sign up for Selective Service like he should and if Drafted, he'll go. However, that will be all that I would expect of him, this as I think I can say that my giving 22 years and two deployments in support of this country covers it for him to not have to volunteer for it!

    All, being said, I want my son to learn in the civilian world who to take care of himself at this point and stay as far away from anything which would make him dependent on the Government to provide for him, to include anything which he actually worked hard for and earned!!!