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Proposed Legislation Would Restore COLAs for Military Retirees
Committee on Oversight and Government Reform, U.S. House of Representatives Link to more items from this source
Jan. 2, 2014
"House Oversight and Government Reform Committee Chairman Darrell Issa (R-Calif.) announced the introduction of legislation to allow the U.S. Postal Service to implement a modified six-day delivery schedule and repeal reductions in military pensions made by the Bipartisan Budget Act of 2013. The military pension cuts were made to achieve $6.2 billion in savings over 10 years. 'This legislation will restore Cost-of-Living Adjustments for our military retirees and not only replace the savings but nearly triple them -- saving $17 billion over 10 years according to conservative USPS estimates,' said Chairman Issa."

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