The following is Military Officers Association of America Statement regarding the repeal of the COLA cap. The Military Officers Association of America (MOAA) wishes to thank all members of Congress who expressed opposition to the cost of living cut to military retired pay in the Bipartisan Budget Act and their quick action in passing S. 25 that grandfathers working-age military retirees and currently serving members who entered service before January 1, 2014. MOAA believes S. 25 is a very positive step in the right direction even though it would have preferred full repeal. Retaining the COLA cut for new entrants to military service before the Military Compensation and Retirement Modernization Commission has made its recommendations is still a piecemeal change to the retirement system. “This was a tremendous effort from the very beginning – from getting the word out on the financial impacts, to storming the Hill with our Coalition and American Legion partners, to energizing our membership and supporters with grassroots efforts that transmitted over 295,000 messages to Capitol Hill, and to our Chairman, General John Tilelli, USA (Ret.) testifying before the Senate Armed Services Committee. We are grateful for the outpouring of support from so many congressional leaders,” MOAA President Vice Adm Norb Ryan said. Read more about the appeal of the COLA cap.
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