Lawmakers Working to Restore Retirement Pay to Veterans
Lawmakers are continuing efforts to restore retirement pay to many disabled Veterans. Currently, Veterans who receive Veterans disability for a service-connected condition rated at under 50%, and who also receive their military retirement pay, have the amount they receive in disability benefits subtracted from their retirement pay.
A proposed bill called the “Retired Pay Restoration Act” – the most recent version of which was introduced by Representative Gus Bilirakis of Florida – would change that. If the bill passes, it will allow those Veterans to receive both their disability payments and their full military retirement pay. By some estimates, it could affect up to 550,000 Veterans.
Developments with the bill are still ongoing, as it has yet to be passed by the House of Representatives. The bill’s progress may be tracked here.
For more information on filing a Veterans Disability claim, please feel free to give us a call anytime at 877.526.3457. One of our representatives will be happy to answer your questions. Or if you’d prefer to contact us online, please fill out this form.