HOT DEAL: Organic Food Delivered Straight To Your Door – Green Polka Dot Box
 | 

NewsTalkFlorida.com News

Budget cuts affect military survivor benefits

According to Military Timesapension cut for military retirees in last months budget agreement that riled veterans groups and several lawmakers extends to survivors benefits and special compensation for combat, the Pentagon told Congress on Monday.

Responding to questions from Sen. Kelly Ayotte, the Pentagon outlined the impact of the budget pacts 1-percentage-point cut to annual cost-of-living increases. The adjustment would save $6 billion over the next decade, money that the federal government plans to use to ease cuts to the military budget this year.

The Pentagon said the cost-of-living change would affect all military retirees, including active duty, Reserve and disabled, and change payments under the combat-related special compensation program. That program provides extra benefits to some retirees injured in combat.

The change also affects annuity payments under the Survivor Benefit Plan, the Pentagon said in a memo to Ayotte, a member of the Armed Services Committee and fierce opponent of the pension cut.MORE..



join

our editors