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Budget

Ayotte Pitches Plan to Restore Military Retirees’ Pensions Without Cutting From Defense

Defense Daily Staff

Wednesday, January 8th, 2014

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Ayotte Pitches Plan to Restore Military Retirees’ Pensions Without Cutting From Defense

Sen. Kelly Ayotte (R-N.H.), member of the Senate Armed Services Committee

Senate Armed Services Committee member Kelly Ayotte (R-N.H.) pitched a plan Wednesday to overturn cuts to military retirees’ pensions without dipping into any other accounts in the defense budget. Ayotte filed her plan on Tuesday to undo the cuts in the Bipartisan Budget Agreement passed in December that reduces sequestration by creating savings elsewhere, including trimming cost-of-living adjustments in pensions by subtracting a percentage point from the inflation rate allowance. Though that figure may seem small, senators opposed to the…

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