Jan 28 2014
Washington, D.C. – U.S. Senator Deb Fischer (R-Neb.), member of the Senate Armed Services Committee, this morning participated in the committee’s review of the recent change to cost-of-living adjustments (COLA) for military retirees. Fischer encouraged the Department to include veterans’ organizations and other stakeholders in its review of military compensation. She also questioned Acting Deputy Defense Secretary Dr. Christine Fox and Joint Chiefs of Staff Vice Chairman Admiral James Winnefeld about the impact of the recent reduction in COLA for military retired pay on recruitment and retention. Notably, Fischer opposed this hasty reduction in previously promised payments.
Fischer urged the Department to finalize its compensation changes and submit them to Congress. Following the hearing, she issued the following statement:
“Congress needs the information early so that it can fully review the changes and avoid repeating what happened just a month ago – when a significant change was rushed through at the eleventh hour without sufficient review. I was pleased to see my colleagues join in broad opposition to this change and hope Congress can build upon this consensus and repeal this provision. Action is needed and Congress should not hesitate to prioritize funds to restore the cost-of-living adjustment.”