H.R.65 - Military Retirement Equity Act of 1995104th Congress (1995-1996)
|Sponsor:||Rep. Bilirakis, Michael [R-FL-9] (Introduced 01/04/1995)|
|Committees:||House - National Security|
|Latest Action:||House - 01/18/1995 Executive Comment Requested from DOD. (All Actions)|
This bill has the status Introduced
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Summary: H.R.65 — 104th Congress (1995-1996)All Information (Except Text)
Introduced in House (01/04/1995)
Military Retirement Equity Act of 1995 - Permits retired members of the armed forces to be paid retirement pay concurrently with compensation for any service-connected disability if the person's entitlement to such retirement pay is based solely on age, length of service, or both.
Reduces the retirement pay of individuals receiving both types of pay by a specified percentage of the disability compensation which decreases as the disability rating increases. Prohibits any reduction in the retirement pay of a disabled person when the disability rating is total.
Declares that, once the Federal budget deficit has been reduced, the Congress should reexamine and eliminate any offset of retired pay by a veteran's disability compensation.