It’s wrong that the budget agreement in Washington was reached on the backs of our military men and women who have put their lives on the line to defend our nation. The deal unfairly singles out military retirees by cutting their hard-earned retirement benefits — including disabled veterans who retire because of their injuries.
Under the proposal, a sergeant first class in the Army who qualifies for retirement at 20 years of service at age 40, and who has most likely deployed multiple times to war, could lose approximately $72,000 between retirement and turning age 62. That’s the result of a provision in the bill that requires a 1 percent annual reduction in the cost of living adjustment for military retirees.
What makes this particularly unfair is that changes made to federal civilian employee retirement benefits apply only to new hires. Our military retirees were not given the same protections.
When I pressed for answers on who would be impacted, the Department of Defense informed my office that the cuts would also apply to service members medically retired — including those who have sustained injuries in combat, men and women who have sacrificed mightily for our nation.
Retired service members are the only ones who are seeing their benefits cut midstream in this budget deal. Where’s the so-called “shared sacrifice”? It’s a demoralizing message to send our men and women serving in harm’s way in Afghanistan and around the world.
Given that the non-partisan Congressional Budget Office estimates that the federal government will spend $47 trillion over the next 10 years, with just a little effort we can work together to find $6 billion to replace these unfair benefit reductions. And with billions in wasteful spending throughout the federal government, it’s a false choice to suggest that the government will shut down unless military retiree benefits are cut.