Follow your dreams, believe in yourself and don’t give up. – Rachel Corrie
Welcome to Terrific News Tuesday (TNT)!
In case this is your first time reading TNT, this column is all about good news. I know it’s hard to believe, but I won’t be complaining or criticizing anyone or anything in this column today – just writing about some terrific news that caught my attention!
Here is some of the good stuff in this edition of TNT:
- Military Retirees & Montana
- Special U.S. House Election
- National EMS Week
- Quality Life Concepts Desperados
- On the Road
Military retirees are getting the short end of the stick in the budget deal struck by Rep. Paul Ryan (R-Wis.) and Sen. Patty Murray (D-Wash.).
According to the Associated Press, the budget deal:
Reduces retirement benefits for working-age military retirees, including those who retire early because of disability. Starting Dec. 1, 2015, the cost-of-living adjustment for pensions received by people under 62 would be modified to equal inflation minus 1 percent. Upon reaching 62, retirees would receive a “catch-up” increase that would restore their pensions to levels as if the cost-of-living adjustment had been the full consumer price index in all previous years. The change would save $6 billion.
The Iraq and Afghanistan Veterans of America (IAVA) put it this way:
Iraq and Afghanistan Veterans of America (IAVA) today joined U.S. Senators and other leading military and veterans groups calling on Congress to reject a key component of the Congressional budget agreement that would reduce the annual cost-of-living adjustment for military retirees and survivors, leading to a 20 percent cut to retirement benefits over the course of their lives.
According to Military.com, “The cumulative effect would be to cut the lifetime value of military retirement by roughly $83,000 for a typical enlisted member who retires at age 40 after 20 years’ service. The typical officer retiring at age 42 after 20 would lose about $124,000.”
The Western Word is visited each week by several military retirees, veterans, and their families, so when I happened to read something that might harm a fellow veteran; I have to shine a light on it.
This story (below) was reported last night on CBS Evening News by Sharyl Attkisson and it’s important to military retirees, those who are in the military, and those who might decide to join the military. Read on… Continue reading