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Civil Beat - Hawaii Senators Co-Sponsor Shaheen Amendment to Protect Military Retirees

News Article

Date: Jan. 9, 2014
Issues: Unemployed and Low-Income Entitlements and the Safety Net Veterans

By Chad Blair

U.S. Sens. Mazie Hirono and Brian Schatz are co-sponsors of an amendment to protect military retirees from changes to cost of living adjustments.

Sen. Jeanne Shaheen (D-NH) introduced the amendment yesterday as part of legislation renewing long-term unemployment benefits.

According to Hirono's office, the amendment "replaces the estimated $6 billion in savings from military retiree COLA with an estimated $6.6 billion raised by eliminating a tax loophole for offshore corporations."

"This amendment will reestablish the cost-of-living increase for future military retirees, and this is a commonsense fix that we should be able to get bipartisan support for," Schatz said in a statement.

Other co-sponsors are Richard Blumenthal (D-CT), Mark Warner (D-VA), Tom Udall (D-NM), Chris Coons (D-DE), Mark Begich (D-AK), Mary Landrieu (D-LA), Tammy Baldwin (D-WI), Tim Kaine (D-VA), Al Franken (D-MN) and Jeff Merkley (D-OR).


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