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> Subject: Congress Passes Veterans' Cost-of-Living Increase
> To: rserge@live.com
> From: lbogle@davmail.org
> Date: Wed, 13 Nov 2013 11:07:01 -0500
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> Congress Passes Veterans' Cost-of-Living Increase
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> Congress Passes Veterans' Cost-of-Living IncreaseMore InfoNovember 13, 2013 On November 12, 2013, the U.S. House of Representatives voted and passed Senate bill S. 893, the Veterans' Compensation Cost-of-Living Adjustment Act of 2013, which has now been sent to the President for his signature. This measure will increase veterans' disability compensation, survivor benefits and clothing allowances by the same
> percentage as Social Security benefit increases scheduled to take effect on December 1, 2013.A cost estimate released by the Congressional Budget Office concluded the legislation would
> result in a 1.5 percent cost-of-living increase. As a major step forward, for the first time in almost two decades, the COLA will not be rounded down to the nearest whole dollar unless it is less than fifty cents, but will be rounded up to the nearest whole dollar if greater than fifty cents.
> DAV's long-standing resolution has sought legislation like S. 893, which was introduced by Sen. Bernie Sanders (VT), to end the unfair practice of rounding down COLAs. DAV testified before the Senate Veterans' Affairs Committee on June 12, 2013, commending Chairman Sanders for his forward thinking by not including the round down provision in his bill, as this practice has syphoned millions of dollars annually from disabled veterans, their families and survivors for far too long in what was to
> be a temporary measure 20 years ago.
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> Subject: Congress Passes Veterans' Cost-of-Living Increase
> To: rserge@live.com
> From: lbogle@davmail.org
> Date: Wed, 13 Nov 2013 11:07:01 -0500
>
>
>
> Congress Passes Veterans' Cost-of-Living Increase
>
>
>
>
>
>
>
> Congress Passes Veterans' Cost-of-Living IncreaseMore InfoNovember 13, 2013 On November 12, 2013, the U.S. House of Representatives voted and passed Senate bill S. 893, the Veterans' Compensation Cost-of-Living Adjustment Act of 2013, which has now been sent to the President for his signature. This measure will increase veterans' disability compensation, survivor benefits and clothing allowances by the same
> percentage as Social Security benefit increases scheduled to take effect on December 1, 2013.A cost estimate released by the Congressional Budget Office concluded the legislation would
> result in a 1.5 percent cost-of-living increase. As a major step forward, for the first time in almost two decades, the COLA will not be rounded down to the nearest whole dollar unless it is less than fifty cents, but will be rounded up to the nearest whole dollar if greater than fifty cents.
> DAV's long-standing resolution has sought legislation like S. 893, which was introduced by Sen. Bernie Sanders (VT), to end the unfair practice of rounding down COLAs. DAV testified before the Senate Veterans' Affairs Committee on June 12, 2013, commending Chairman Sanders for his forward thinking by not including the round down provision in his bill, as this practice has syphoned millions of dollars annually from disabled veterans, their families and survivors for far too long in what was to
> be a temporary measure 20 years ago.
>
>
>
>
>
>
> If you no longer wish to receive e-mail from us, please click here.
>
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