Retired Pay Restoration Act

Retired Pay Restoration Act

This bill allows the receipt of both military retired pay and veterans' disability compensation with respect to any service-connected disability. Under current law, only individuals with service-connected disabilities rated at 50% or more receive both without offset.

Individuals who were retired or separated after at least 20 years of military service due to a service-connected disability shall be eligible for the full concurrent receipt of both veterans' disability compensation and either military retired pay or combat-related special pay.

Bill 118 hr 303, also known as the Retired Pay Restoration Act, is a piece of legislation currently being considered by the US Congress. The purpose of this bill is to address the issue of retired military personnel who are also receiving disability compensation from the Department of Veterans Affairs.

Under current law, retired military personnel who are receiving disability compensation are required to have their retirement pay reduced by the amount of their disability compensation. This has been a source of frustration for many retired military personnel, as they feel that they are being unfairly penalized for their service-connected disabilities.

The Retired Pay Restoration Act seeks to rectify this issue by allowing retired military personnel to receive both their full retirement pay and their disability compensation. This would provide much-needed financial relief to these individuals and ensure that they are fairly compensated for their service and sacrifices. The bill has garnered bipartisan support in Congress, with lawmakers from both parties recognizing the importance of supporting our retired military personnel. If passed, the Retired Pay Restoration Act would have a significant impact on the lives of many retired military personnel and their families.