Congress Set to Overturn Unfair COLA Reductions to Military Retirees?

December 31, 2013

* In a proposed Military Retirement Restoration Act, which already has 15 co-sponsors, Sen. Jeanne Shaheen, D-N.H., says that the $6 billion in COLA cuts could instead by saved by closing loopholes for corporations using offshore tax havens.

* Shaheen stated, "there are plenty of other ways that we can find budgetary savings rather than cutting retirement benefits for the men and women who have served our nation in uniform."

The below link in military.com addresses this controversial subject and reports on the much sought after light at the end of the tunnel.

Link: Click here:

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