Senate repeals COLA cut for military retirees

The Senate voted overwhelmingly to repeal the 1% cut to the cost of living adjustments (COLA) for retired military service members and their survivors.   

S. 25 passed yesterday with a vote 95 to 3. The House approved the repeal with a vote of 326 to 90.

The measure would roll back the cuts military retirement benefits imposed by the Bipartisan Budget Act of 2013.

However, the retirement COLA cut may apply to people who join military after Jan. 1, 2014.

Read more: Transcript: Sen. Mark Pryor’s floor speech on repealing the 1% COLA cut to military retirees – Feb. 11, 2014

“I was proud to help lead the charge in the Senate to ensure our military retirees receive the benefits they’ve earned,” said Sen. Mark Pryor (D-Arkansas). “I’m glad the House turned off the politics and helped us get this bill over the finish line. That being said, there’s still work to do. We must find a permanent and responsible solution for our future military retirees.”

The non-partisan Congressional Budget Office estimated that a repeal of the COLA cuts could increase spending by $6.8 billion over the next 10 years.


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