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There have been a lot of questions regarding the recently proposed -- and now House approved -- budget as it relates to reducing working-age retiree COLA (cost-of-living adjustment) benefits. What can be done to protect these earned military benefits from

Question:

Q: There have been a lot of questions regarding the recently proposed -- and now House approved -- budget as it relates to reducing working-age retiree COLA (cost-of-living adjustment) benefits. What can be done to protect these earned military benefits from being cut by Congress?

Answer:

A: Please contact or go to Capitol Hill today and tell U.S. senators to take the cut to military-retiree COLA out of the budget proposal. As you know, COLA is not very accurate because it does not count cost increases in utilities, food or fuel.

The FY 2014 budget proposal drafted by Sen. Patty Murray, D-Wash., and Rep. Paul Ryan, R-Wis., includes a provision that cuts the annual COLA for military retirees by 1 percent a year until they reach age 62.

The cuts will have a devastating and long-lasting impact, reducing retired pay for those who serve a 20-year career by nearly 20 percent at age 62. An E-7 retiring at age 40 today would experience an eventual loss of $83,000 in purchasing power.

Sincerely,

Louis J. Celli, Jr.
Director, Legislative Division

 

Mike Eyster

December 16, 2013 - 3:23pm

Does the House approved Budget fund ObamaCare ?
This is where the House can "not fund" this horrible "law". No Funding will eventually render this law ineffective -- Throw it out of our National Budget entirely. Make Chief Justice Roberts eat his words !

Mike Eyster

December 16, 2013 - 3:30pm

When I last checked there were 25 Law Suits waiting to be heard in Federal Court iin the State of Florida. Recently a secondary educational institution lost its law suits against ObamaCare in the Supreme Court. It may be safe to say that no law suits will win their arguments in the Supreme Court -- they're covering their asses for the decision to let ObamaCare pass because as a "tax" consideration by Chief Justice Roberts. There were 4 Judsges that voted to put ObamaCare down -- Chief Justice Roberts took it upon himself to see the 2,000 plus page bill pass as a tax. The House should vote to "not fund" this legislation.

Jim Celius

December 16, 2013 - 9:04pm

To all you politicians that voted to reduce the COLA for retired GI's... I sure hope that you enjoyed your stay in Office, cuz your seat is going to be taken over.
All you GI's if this affects you or not, let's follow the example of the WW11 Vets that went to Washington when they closed their memorial. Get off your asses and show them how much strength there is in numbers. Vote these yohoos OUT.

Adam u Shuler

December 16, 2013 - 9:27pm

ALL CONGRESSMAN SHOULD SERVE IN THE MILTARY FOR AT LEAST 6 YEARS BEFORE RUNNING FOR CONGRESS, THEN THRY WII SEE WHAT THE MILTARY PERSONNEL GO THROUGH.

Neville Raincourt

December 17, 2013 - 3:51pm

They should start to help the budget by cutting their own COLA, they are overpaid as it is. And I agree all our representatives should have to serve at least 2 years of military service.

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