Bill

Bill > HR3792


US HR3792

US HR3792
To repeal the reduction in the annual percentage increases of retired pay and retainer pay amounts for retired members of the Armed Forces under age 62.


summary

Introduced
12/19/2013
In Committee
01/24/2014
Crossed Over
Passed
Dead
01/03/2015

Introduced Session

113th Congress

Bill Summary

To repeal the reduction in the annual percentage increases of retired pay and retainer pay amounts for retired members of the Armed Forces under age 62.

AI Summary

This bill aims to reverse a previous change that reduced the annual cost-of-living adjustments (COLAs) for military retirees under the age of 62. Specifically, it repeals Section 403 of the Bipartisan Budget Act of 2013, which had implemented these reductions. Retired pay and retainer pay are forms of compensation for members of the Armed Forces who have completed their service. By repealing this section, the bill intends to restore the full annual percentage increases to these payments for eligible retirees, ensuring their retirement income keeps pace with inflation at the previously established rate.

Committee Categories

Military Affairs and Security

Sponsors (3)

Last Action

Referred to the Subcommittee on Military Personnel. (on 01/24/2014)

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