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Paperback Recent Changes to the U.S. Military Retirement System Book

ISBN: 1512017647

ISBN13: 9781512017649

Recent Changes to the U.S. Military Retirement System

The Bipartisan Budget Act (BBA) of 2013 included a provision that reduced the cost-of-living adjustments (COLA) for working age military retirees by 1 percent until the retiree reaches the age of 62, at which time retired pay is adjusted to the level it would have been had the COLA not been reduced. In a USA Today column defending the legislation, Congressman Paul Ryan explained the provision as follows: "We make no changes for those currently at...

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