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Chambliss, Isakson Introduce Resolution To Protect Military Retirement Pay

By   /   December 19, 2013  /   Comments

Special to the Journal

WASHINGTON- Today, U.S. Sen. Saxby Chambliss, R-Ga., vice chairman of the Senate Select Committee on Intelligence and senior member of the Senate Armed Services Committee, introduced a “sense of the Senate” resolution to address the disproportionate military pay provision that would reduce the cost-of-living (COLA) adjustment for military retirees under the age of 62. Sen. Johnny Isakson, R-Ga., who serves on the Senate Veterans’ Affairs Committee, joined Chambliss in his efforts and has cosponsored the resolution.

(File photo)

The resolution states that retirees from the armed forces should not unfairly bear the burden of excessive government spending, and the Senate should seek alternatives to the current military retirement provisions in the budget legislation currently being considered. With this non-binding resolution, the Senate agrees to address the reduction of military retirement pension for retirees under age 62 before it goes into effect in December 2015.

“Many Georgians have served with honor in our military, and while the changes to their annual cost of living increase may appear insignificant on paper, this is real money promised to those who have put their lives in harm’s way in defense of this nation,” said Chambliss. “While I support the budget deal, this resolution formally promises our servicemen and women that we will find alternate savings in our budget, and not disproportionately target their retirement savings.  I want to assure our service men and women that there is ample time to address this issue before it takes effect in December of 2015.  I will not turn my back on those who fight for this country.”

“I am pleased to join Sen. Chambliss in this resolution because it is critically important that we not disproportionately burden those who have served in our armed forces. Our men and women in uniform have sacrificed greatly, and we wouldn’t be debating these important issues today on the Senate floor if it weren’t for our military,” said Isakson. “While we must address the difficult decisions on how to get our arms around our nation’s debt and deficits, we must all share the burden and we must not single our veterans or any segment of society in the process. I look forward to working with my Senate colleagues on this issue.”

In addition to Isakson, cosponsors for Chambliss’ legislation include: Sens. Lisa Murkowski, R-Alaska, John McCain, R-Ariz., John Hoeven, R-N.D., Ron Johnson, R- Wis., Susan Collins, R-Maine, Roy Blunt, R-Mo., and Rob Portman, R-Ohio.

You can watch Sen. Chambliss discuss this issue here, and here.

Chambliss also discussed the larger budget deal in a floor speech yesterday here.

Isakson spoke on the Senate floor today. You can view his remarks here.

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