House Votes to Restore Military Retiree Pension Benefits
U.S. Representative Martha Roby (R-AL) today hailed passage of a plan to reverse cuts to military retiree pensions and restore the cost-of-living increases promised to those who have served.
"This country made promises to our men and women in uniform, and we must keep those promises," Rep. Roby said. "Today the House voted to right a wrong and restore the promised cost-of-living pension increases for military retirees.
"For the last several weeks, we have been exploring ways to get this done. I am pleased the final House plan reverses the cuts and pays for it through alternative spending reductions going forward."
In December, Congress passed the Bipartisan Budget Act of 2013, which aimed to set a sustainable path for federal spending over the next two years. Part of the savings came from reducing the percentage of the cost-of-living increases given to military retirees.
Since then, Rep. Roby and colleagues have endeavored to change that unfair provision and find budget savings elsewhere. She first co-sponsored a bill to repeal the military pension cut in the budget agreement and replace it with savings from closing a loophole in the Refundable Child Tax Credit. Most recently, she explored the possibility of including a military pension fix in debt negotiations.
The final plan restores the cost-of-living pension increases for current retirees while enacting reforms that reduce mandatory spending through 2024. The House passed the measure by a vote of 326 to 90.