Retired Pay Restoration Act

Hozzl · 2024-03-12T12:38:29Z

Explore the details of Senate Bill 1515 Retired Pay Restoration Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Armed Forces and National Security. Stay informed on legislative developments.

3/12/2024, 12:38 PM

Summary of Bill S 1515

Bill 118 s 1515, 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-related disabilities.

The Retired Pay Restoration Act seeks to rectify this situation by allowing retired military personnel to receive both their full retirement pay and their disability compensation. This would provide these individuals with the financial support they need to live comfortably in retirement, without having to choose between their retirement pay and their disability compensation. Supporters of the bill argue that it is a matter of fairness and justice for retired military personnel who have sacrificed so much for their country. They believe that these individuals should not be penalized for their service-related disabilities, and that they deserve to receive the full benefits they have earned through their years of service. Opponents of the bill, however, argue that it could have negative financial implications for the Department of Defense and could potentially strain the budget. They also raise concerns about the potential for abuse of the system, with some retired military personnel potentially receiving more in benefits than they are entitled to. Overall, the Retired Pay Restoration Act is a complex piece of legislation that seeks to address a longstanding issue facing retired military personnel. It is currently being debated in Congress, and it remains to be seen whether it will ultimately be passed into law.

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Current Status of Bill S 1515

Bill S 1515 is currently in the status of Bill Introduced since May 10, 2023. Bill S 1515 was introduced during Congress 118 and was introduced to the Senate on May 10, 2023. Bill S 1515's most recent activity was Read twice and referred to the Committee on Armed Services. as of May 10, 2023

Bipartisan Support of Bill S 1515

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill S 1515

Primary Policy Focus

Armed Forces and National Security

Alternate Title(s) of Bill S 1515

Retired Pay Restoration ActRetired Pay Restoration ActA bill to amend title 10, United States Code, to permit retired members of the uniformed services who have a service-connected disability to receive both disability compensation from the Department of Veterans Affairs for their disability and either retired pay by reason of their years of military service of Combat-Related Special Compensation, and for other purposes.

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