The Issue: Support bill eliminating the age restriction on receipt of retired pay for non-regular service for new recruits
Immediate Action Required: Contact your representatives immediately to co-sponsor H.R. 4124, the Support America’s Armed Forces Reserve Component Retirees Act of 2015 sponsored by Rep. Tim Walz, (D-MN), which eliminates the age restriction on receipt of retired pay for non-regular service for new recruits
More Information: NGAUS strongly supports H.R. 4124, the Support America’s Armed Forces Reserve Component Retirees Act of 2015 sponsored by Rep. Tim Walz (D-MN). This bill would allow retiring members of the National Guard to receive their retirement pay after 20 years of service applying to service members who begin service in the armed forces on or after January 1, 2018.
Unlike the legislation contained in the National Defense Authorization Act for FY2016 which would allow members to elect to take a discounted lump sum of the present value of their defined retirement benefit prior to becoming fully eligible for Social Security, this bill would allow reserve component members to collect retirement immediately after 20 years.
Although the costs of this legislation would be higher starting in 2038, the Congressional Budget Office has estimated that over time, savings under this bill would be higher than that achieved under the new lump sum program.
NGAUS Point of Contact:
NGAUS Legislative Joint Program Manager
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