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Sunday, May 3, 2009

S&S - Bill would grant early retirement after tours

From my archive of press clippings:

Stars and Stripes

Bill would grant early retirement after tours


By Leo Shane III, Stars and Stripes


Mideast edition, Friday, March 27, 2009


WASHINGTON — Reservists and Guardsmen who have served multiple overseas tours could get early retirement under a measure introduced by a pair of lawmakers Wednesday.

Read the whole article here.

Snippet(s):

"The bill, sponsored by South Carolina Republican Joe Wilson and Oklahoma Democrat Dan Boren, would allow those troops to collect retirement benefits three months before their 60th birthday for every 90 days they spent activated in support of a contingency operation.

For reservists who served 20 years and spent two 12-month tours in Iraq, that would mean receiving their retirement payouts at 58, instead of waiting the extra two years."

&

"
Congress two years ago approved counting reservists’ time in Iraq and Afghanistan toward an early retirement, but the policy only applied to service after January 2008. Lawmakers dropped a clause to make the benefits retroactive during budget negotiations.


The new measure would make it retroactive to September 2001. Congressional officials projected the backdating could cost $1.8 billion over 10 years, although Boren called that figure misleading.
"

1 comment:

Mamuka said...

This is actually a modification to a law already passed; except the current law only counts mobilizations after the law was passed in 2008 (when the law went into effect). This new legislation seeks to make the provision retroactive to 2001.