Joint Hearing of the Committee on Homeland Security and Governmental Affairs of the U.S. Senate and the Committee on Veterans’ Affairs of the U.S. House of Representatives at 1:00 p.m. CDT.
Miller Announces Legislation to Exempt Military Retirees, Disabled Retirees from COLA Cuts
WASHINGTON, DC – Today, House Committee on Veterans’ Affairs Chairman Jeff Miller announced he would introduce two legislative measures that would eliminate certain cuts to cost of living adjustments for military retirees that were included in the recent Bipartisan Budget Act of 2013. The first measure would eliminate the Bipartisan Budget Act’s COLA reduction for all military retirees. The second measure would eliminate the act’s COLA reduction only for veterans who are medically retired, receiving Combat Related Special Compensation and/or Concurrent Retirement and Disability Payments.
Following announcement of the measures, which will be introduced tomorrow, Miller released the following statement:
“I supported the Bipartisan Budget Act of 2013 because it represented the best opportunity for our divided government to keep its doors open for the next two years while reducing the deficit and bolstering military readiness. That being said, the bill contained COLA reductions for certain military retirees that I would not have supported outside of the context of the budget compromise. By introducing these measures, which will eliminate the act’s COLA reductions for all military retirees, as well as those who are medically retired, receiving Combat Related Special Compensation and/or Concurrent Retirement and Disability Payments, I hope to give Congress time to reach an agreement that balances our need to cut federal spending with the promises America has made to our veterans.”– Rep. Jeff Miller, Chairman, House Committee on Veterans’ Affairs