“...My take is that Paul Ryan arbitrarily decided to injure veteran retirements....”
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Whether he consciously decided to do that or was, like a fool, tricked into it—he IS disproportionately hurting military members.
CURRENT RETIRED military (if under age 62) would have their computed cost-of-living increase reduced by 1% each year. So if the COLA percentage is 2.3% they’d only get 1.3%. This would repeat year after year, adding up over time. The same thing would happen to ALL CURRENT ACTIVE DUTY military (year after year until they reach age 62) once they retire. And the same thing would happen to future military.
ON THE OTHER HAND current civilian civil service employees and current retirees are ALL NOT EFFECTED AT ALL. The only civil service employees who would be affected would be those hired January 1, 2014 or later—and they would not be impacted until their retirement.
Anyone else notice the disparate treatment? Screw the military and protect the civil service employees (who just happen to be largely DEMOCRATS)—a typical liberal/progressive dream in America.
So if the COLA is 0%, as was the case for a couple years recently, can I assume we’d see a -1% adjustment to our retainer pay?