Bill

Bill > HR3804


US HR3804

US HR3804
To repeal the annual adjustment of retired pay and retainer pay amounts for retired members of the Armed Forces under age 62.


summary

Introduced
12/23/2013
In Committee
01/24/2014
Crossed Over
Passed
Dead
01/03/2015

Introduced Session

113th Congress

Bill Summary

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

AI Summary

This bill proposes to eliminate the yearly increase to the retirement pay and retainer pay for members of the Armed Forces who are under the age of 62. Specifically, it aims to repeal Section 403 of the Bipartisan Budget Act of 2013, which is the current law that mandates these annual adjustments. Retired pay and retainer pay are forms of compensation provided to service members after they leave active duty, and this bill would prevent these payments from being adjusted annually for those under 62, meaning their pay would remain at the level it was when they retired until they reach that age.

Committee Categories

Military Affairs and Security

Sponsors (9)

Last Action

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

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