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unhappycamper

(60,364 posts)
Fri Feb 14, 2014, 08:59 AM Feb 2014

Congress OKs full pension boost for working-age vets (xpost from Veterans)

http://hamptonroads.com/2014/02/congress-oks-full-pension-boost-workingage-vets

Congress OKs full pension boost for working-age vets
By Bill Bartel
The Virginian-Pilot
© February 13, 2014

Congress pulled back Wednesday from its decision two months ago to reduce cost-of-living pension increases for working-age military retirees.

Veterans groups deluged legislators with complaints after Congress voted in December for the change, a tiny part of a large budget deal.

Legislation reinstating the increase easily passed the House 326-90 on Tuesday, and the Senate 95-3 on Wednesday. It now goes to President Barack Obama.

The effort would cost more than $6 billion over 10 years and would be paid for by cuts to Medicare a decade from now. The bill adds another year to the Medicare portion of a decade-long set of automatic cuts, known as sequestration, that began last year.
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