Bill

Bill > HR3797


US HR3797

US HR3797
To repeal an 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
01/24/2014
Crossed Over
Passed
Dead
01/03/2015

Introduced Session

113th Congress

Bill Summary

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

AI Summary

This bill repeals a provision from the Bipartisan Budget Act of 2013 that mandated an annual adjustment to the retired pay and retainer pay for members of the Armed Forces who are under the age of 62. By repealing this provision, the bill effectively restores the previous laws that were in place before the 2013 act, meaning that retired pay and retainer pay for these younger retirees will no longer be automatically adjusted each year. Retired pay and retainer pay are forms of compensation received by service members after they leave the military, and the annual adjustment was intended to account for changes in the cost of living.

Committee Categories

Military Affairs and Security

Sponsors (1)

Last Action

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

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