H.R. 12892 — A bill to amend section 1401a title 10, United States Code, relating to adjustments of retired pay to reflect changes in the Consumer Price Index.

Summary

Eliminates the one percent add-on presently used in computing the retirement and retainer pay increases which members and former members of the armed forces receive based on increases in the Consumer Price Index. (Amends 10 U.S.C. 1401a(b))

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Legislative Actions

1976-03-30
Introduced in House
1976-03-30
Introduced in House
1976-03-30
Referred to House Committee on Armed Services.

A bill to amend section 1401a title 10, United States Code, relating to adjustments of retired pay to reflect changes in the Consumer Price Index.

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