Political Quotes

On the recordFebruary 7, 2013
I rise today on behalf of our Nation's disabled veterans to once again discuss an end to an unjust and outdated policy known as ``concurrent receipt.'' For the past 122 years, this practice has prevented veterans from receiving the full benefits earned through years of service and personal injury in defense of our Nation. The law requires that a retired disabled veteran reduce their retirement pay dollar-for-dollar by the amount of any disability compensation received, in many cases wiping out retirement pay altogether. This is simply wrong. I have worked over the past decade to fight to change this outdated policy and commend the progress Congress has made on behalf of our Nation's veterans. In 2002, I was pleased that Congress passed a measure known as combat-related special compensation, or CSRC, allowing for disabled retired veterans to receive payments that are the financial equivalent of concurrent receipt. In 2003 I was pleased that Congress enacted a 10-year phase-in of concurrent receipt for military retirees whose disability is 50 percent or greater, and in 2004, Congress eliminated the 10-year waiting period for those veterans with 100 percent service-related disability. Moreover, in 2008, concurrent receipt eligibility was expanded to include those who are 100 percent disabled due to un-employability and extended equivalent financial payments to those who are medically retired or have retired prematurely due to force reduction programs.…
Said by
Harry Reid
Democratic · Nevada
Source
govinfo.gov
Feb 7, 2013

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