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Military Retirement Changes - Will You Be Getting Screwed? | U.S. PATRIOT NEWS & REVIEWS

Military Retirement Changes – Will You Be Getting Screwed?

Are you thinking of retiring or already retired? You’ve put in your time and have expectations… and the new Bipartisan Budget Act is about to wipe all of them away.

[quote_left]”The Bipartisan Budget Act, passed on Jan. 15 and slated to take effect in December, caps the annual cost of living adjustment for working-age military retirees at 1 percent below inflation as measured by the Consumer Price Index.”[/quote_left]

“The Bipartisan Budget Act, passed on Jan. 15 and slated to take effect in December, caps the annual cost of living adjustment for working-age military retirees at 1 percent below inflation as measured by the Consumer Price Index.”

The vice chairman of the Joint Chiefs of Staff is trying to convince lawmakers to “grandfather” any changes Congress makes to the military retirement system, meaning they would only affect new service members.

What do you think about the budget act? Will it affect you? Leave us a comment below.

US Patriot Tactical

US Patriot is a veteran owned and operated US-based retailer supplying boots, uniforms, apparel and gear to military and law enforcement personnel. By soldiers for soldiers. Visit them online at uspatriottactical.com.
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