The following was provided by the Military Officers Association of America
MOAA has put together their top 5 reasons why you should worry about the COLA cut. Here is a quick summary:
1. Cuts to future military retirement are a breach of faith; changing the deal has an immediate impact on the morale of those in uniform.
2. Reducing COLA by 1 percentage point each year before a person reaches age 62 has a serious and profound effect.
3. Slashing future military COLAs breaks promises made by the administration.
4. The real facts about spiraling cost growth are being misrepresented by Pentagon leadership.
5. This is just the beginning...