Posted on Oct 12, 2019
Military retirees and disabled veterans are getting a pay bump in 2020. Here's what you should...
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Looks like we will have a 1.6% pay increase for retirees and Veterans with VA Compensation ratings.
Military retirees and disabled veterans are getting a pay bump in 2020. Here's what you should...
Posted from taskandpurpose.com
Department of Veterans Affairs (VA)
Retirement
Military Pay
Congress
Posted 5 y ago
Responses: 4
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Beats a poke in the eye with a sharp stick. Meanwhile Congress voted themselves an $8,000 raise.
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1SG (Join to see)
I saw that. They tried to sneak that by everyone, what with all of the attention on the impeachment circus.
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TSgt David L.
1SG (Join to see) - Sadly it didn't seem to get much press with all the other shenanigans going on in DC. They also vetoed a Social Security increase.
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1SG (Join to see)
TSgt David L. - Who vetoed a SS increase? There is only one person with that power, and if he did that the news would be abuzz with it.
It is not.
Everything I can find says that SS checks will increase by 1.6% also.
Do you have a source?
It is not.
Everything I can find says that SS checks will increase by 1.6% also.
Do you have a source?
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TSgt David L.
1SG (Join to see) - I could've sworn that's what I saw. Maybe I misread the article. I don't remember where I saw it though. I stand corrected.
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Social Security’s 2020 Cost-of-Living Bump: 1.6%
The Social Security Administration announced a 1.6% cost-of-living adjustment for 2020, meaning the average retiree will get $24 more each month, for an average monthly check of about $1,503.
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Will they stop stealing, erm I mean “offsetting”, our retirement check to pay our disability?
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1SG (Join to see)
When you rate 50% or more.
I never really understood why this was, or what is magical about 50%. Seems to me one payment has nothing to do with the other. It affects a relatively small number of Veterans, but still.
I never really understood why this was, or what is magical about 50%. Seems to me one payment has nothing to do with the other. It affects a relatively small number of Veterans, but still.
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1SG (Join to see)
1SG (Join to see) it was likely a compromise to get it passed, but I don't see why someone with a rating under 50% warrant an offset.
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1SG (Join to see)
1SG (Join to see) - It wasn't that long ago you couldn't get concurrent receipt at all. That changed in 2004, I believe.
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SSG Trevor S.
1SG (Join to see) - why shouldn't someone with less than 50% and a 20 year career rate separate payments? IMO we are the only class of citizen who pays for their own disability. Also IMO that is very wrong.
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