Jim Fausone
Veteran Disability Lawyer
There is no end to the mischief Congress can get itself into. It did little to assist veterans in 2013 and
I have written about that earlier in the month.
In a last minute budget deal, the Congress and President have a budget
law that punishes retirees from the military.
"The deal Obama signed includes a provision that would pare down
annual cost of living increases in benefits for military retirees under age 62,
saving the government an estimated $6.3 billion over a decade." On the theory that younger retirees have the
chance to work in the private sector, the budget team isolated these “younger”
retirees and stripped out COLA from their pensions. These folks put in their 20–30 years and now
get a point shaving game run on them.
Congress does not treat all retirees this way. It is not stopping COLA for all similar situated people or for
those on other federal programs. But
remember, only less than 10% of the population have served in the
military. The early retirees are not
that big of a voting block. So Congress
cut them from the herd and then cut them down - a military tactic dating back
to Sun Tzu and the Art of War. The
veterans may need to employ some of the same tactics in the next election
cycle.
If you want to view a good discussion of the
problem, listen to this retired Marine on
Fox discuss the problem.
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