2005 Defense Spending Bill and You from MOAA

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VAK
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Joined: September 26th, 2003, 1:17 am

2005 Defense Spending Bill and You from MOAA

Post by VAK »

Here's what MOAA's sending out for our members regarding the 2005 Defense Authorizarition Spending Bill for both the House and Senate and what it mean's to us as Veteran's. Read and post your thoughts:

Conferees push to finalize FY2005 Defense Authorization Bill

After weeks of informal meetings between Armed Service Committee staffs and leaders, the real work has begun to resolve remaining differences between the House and Senate versions of the defense bill.

That's according to an update disseminated Wednesday by the Military Officers Association of America (MOAA) which further reported that conferees hope to move quickly to complete their negotiations this weekend in hopes of having a vote before the scheduled Oct. 8 recess.

Among the key issues to be decided is ending the age-62 Survivor Benefit Plan benefit reduction from 55 percent to 35 percent. For the first time, both the House and Senate bills contain provisions to eliminate the SBP reduction. The House version would phase out the reduction in 3 1/2 years while the Senate would take 10 years.

Another major issue to be resolved includes the Senate proposal to provide full immediate concurrent receipt to qualifying retirees with 100 percent disability ratings (exempting them from the 10-year phase-in period under current law).

Retired members who would like to make their views known on these and other subjects may use MOAA's hotline to Capitol Hill (1-877-762-8762).


Godspeed All,
usaftacp
"Interdum feror cupidine partium magnarum Europae vincendarum"
(Sometimes I get this urge to conquer large parts of Europe)

Mentor to those who would seek to be CAS God's
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