On the recordDecember 17, 2013
The answer is that when you retire after 20, you are subject to being recalled as long as you are physically able. I know one individual who was recalled at age 56 who was a JAG officer who had been out of the military for years. He set up his practice, and he said: Can they do this? I said: Hey, man, you are the lawyer. Of course. Read it. You know they can do this. And they did, only because we had to, and he went and did his part. I bet you that of those 3,400, some of them were volunteers and some of them were not. But the cost-of-living adjustment is to make sure their retirement over time maintains its value. That is why we have a cost-of-living adjustment. How much money do you make if you are a master sergeant after 20 years of service? It is less than $25,000 a year in retirement. So these people do not become millionaires when they retire. Try to raise a family of four on $25,000 without a COLA. So the COLA is designed to keep the benefit vibrant over time. When you do a COLA minus 1 percent, it does diminish the value of the package. Here is what gets me the most. If we did it for everybody in the country, that would be one thing. These are the only people in America who get this special good deal.
Source
govinfo.gov




