Bill

Bill > HR3787


US HR3787

US HR3787
To repeal the annual adjustment of retired pay and retainer pay amounts for retired members of the Armed Forces under age 62, and for other purposes.


summary

Introduced
12/19/2013
In Committee
01/28/2014
Crossed Over
Passed
Dead
01/03/2015

Introduced Session

113th Congress

Bill Summary

Repeals a provision of the Bipartisan Budget Act of 2013 that reduces the cost-of-living adjustment to the retirement pay of members of the Armed Forces under age 62. Prohibits any increase in the pension of a retired Member of Congress who is under age 62. Requires the Secretaries of Defense (DOD) and Veterans Affairs (VA) to jointly ensure that brand-name prescription drugs purchased by DOD and VA are purchased jointly by such Departments at the same level such drugs were purchased jointly by such Departments in FY2005 or in excess of that level.

AI Summary

This bill aims to repeal a provision from the Bipartisan Budget Act of 2013 that reduced the cost-of-living adjustments, which are annual increases to account for inflation, for the retirement pay of members of the Armed Forces who are under age 62. Additionally, it prohibits any increase to the pension of a retired Member of Congress who is also under age 62. Finally, it requires the Secretaries of Defense (DOD) and Veterans Affairs (VA) to work together to ensure that both departments purchase brand-name prescription drugs jointly at the same price or a higher price than they did in fiscal year 2005.

Committee Categories

Health and Social Services, Military Affairs and Security

Sponsors (28)

Last Action

Referred to the Subcommittee on Disability Assistance and Memorial Affairs. (on 01/28/2014)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...