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View Full Version : Obama enacts 1.5 percent veterans' COLA


BMT (RIP)
11-22-2013, 06:21
http://www.militarytimes.com/article/20131121/BENEFITS04/311210039/Obama-enacts-1-5-percent-veterans-COLA


BMT

Pete
11-22-2013, 08:41
From the article....

"...While annual adjustments are automatic for Social Security and for military and federal civilian retired pay, Congress has never relinquished its power to approve increases in veterans’ disability compensation and dependency and indemnity compensation for survivors.

Lawmakers have retained that power in the belief this gives them ability to add other provisions to a bill that is unlikely to face any stiff political opposition...."

Typical politicians - from both parties

At least this addition dealt with the law itself.

"...Sen. Bernie Sanders, the Vermont Independent who chairs the Senate Veterans’ Affairs Committee and sponsor of the 2013 COLA bill, attached one provision to the bill that has long raised complaints from veterans: The COLA is no longer rounded down to the next lower dollar as a money-saving gimmick....."