Feb 10, 2014

Bill to Restore COLA for Military Retirees Clears Hurdle

"...The Senate cleared a key procedural hurdle Monday on a bill that would undo the cuts to military retirement pay introduced by the Bipartisan Budget Act.

Senators voted unanimously, 94-0, to advance the bill, which, if passed in a final vote this week, would repeal a section of the Ryan-Murray budget deal that reduces annual cost-of-living adjustment increases by 1 percentage point for “working age” retirees, starting in late 2015..."

Read more at Marine Corps Times