Us Congress 2023-2024 Regular Session

Us Congress Senate Bill SB1515

Introduced
5/10/23  

Caption

Retired Pay Restoration Act

Impact

The proposed amendments would significantly impact existing laws by permitting qualified retirees with compensable disabilities to access both retired pay and veterans' disability benefits. This change seeks to remove the longstanding financial disadvantage faced by service members who sustain disabilities during their service. The bill reflects an acknowledgement of the unique sacrifices made by military personnel, particularly those who are disabled as a result of their service.

Summary

Senate Bill 1515, known as the Retired Pay Restoration Act, aims to amend title 10 of the United States Code to allow retired members of the uniformed services with service-connected disabilities to receive both disability compensation from the Department of Veterans Affairs and retired pay for their military service. This bill intends to rectify current restrictions that prevent these military retirees from drawing both forms of compensation simultaneously, thereby enhancing their financial security post-service.

Contention

While the bill may appear straightforward, discussions surrounding its introduction indicate potential contention. Critics may raise concerns regarding the financial implications of allowing dual compensation, debating whether such provisions could inadvertently lead to budgetary strains on federal veterans' programs. Proponents, however, maintain that the bill is a matter of fairness and justice for veterans who have suffered disabilities in the line of duty, and they argue for the necessity of comprehensive support for these individuals.

Companion Bills

US HB303

Related 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.

Previously Filed As

US HB303

Retired Pay Restoration Act

US HB333

Disabled Veterans Tax Termination Act This bill modifies provisions related to military retired pay. Specifically, the bill authorizes veterans with a service-connected disability of less than 50% to concurrently receive both retired pay and disability compensation. The bill also makes qualified disability retirees with less than 20 years of retirement-creditable service eligible for concurrent receipt, subject to specified reductions in retired pay.

US HB303

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.

US SB344

Major Richard Star Act

US HB1282

Major Richard Star Act

US HB1323

LEO Fair Retirement Act of 2023

US HB2537

BAH Restoration Act

US SB1511

Campus Free Speech Restoration Act

US SB1670

TRICARE Fairness for National Guard and Reserve Retirees Act

US SB1238

Invasive Species Prevention and Forest Restoration Act

Similar Bills

No similar bills found.