On Thursday, a provision extending Concurrent Receipt of both VA Disability Pay and Retired pay for years served to some Chapter 61 Medically Retired military personnel was added to the Tax Extenders Bill (H.R. 4213). However, because sufficient offsets were not found, the provisions would only be funded for two years. In FY 2011, individuals who are 90 to100 percent disabled will be covered and in FY 2012, those who are 70 and 80 percent will be added. Further funding will have to be found in order to extend this plan beyond 2012. View this as a good first step and encourages Congress to find the necessary funding to extend Concurrent Receipt to all Chapter 61 retirees as well as 20 year military retirees with under 50 percent disabilities.
Chapter 61 Retiree Concurrent Receipt
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Fri May 21, 2010 6:43 PM
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