| USSVI Veterans News
Posting Date: 04 February 2007 From: John Dudas Disabled Veterans Tax Termination Act Proposed Representative Jim Marshall on 9 JAN introduced HR 333, the Disabled Veterans Tax Termination Act which would correct the following inequities that now exist in title 10 US Code 1414 (Concurrent Retirement Disability Pay): - Extend the benefits of CRDP to some 375,000 retired career veterans who are rated less than 50% disabled by the VA. - Repeal the 10 year phase in of CRDP for those 180,000 retired career veterans who are rated 50 to 90% disabled. It would also eliminate the diminishing returns of the 10 year schedule beyond 2007. Consider that with the 2007 increment, restoration is approximately 65% of full amount. In 2010, restoration will be approximately 95% of the full amount, leaving the last 4 years to restore the remaining 5% such that the average monthly increment in 2014 is $0.31 in 2005 dollars for a total budget outlay of some $23,500 for the entire year. - Extend the benefits of CRDP at 100% to those 28,000 retired career veterans who are rated less than 100% but who are considered "individually unemployable" (IU) and compensated at 100% by the VA. - Extend the benefits of CRDP to 183,000 career veterans who were involuntarily retired with less than 20 years of retirement service for medical disability to include wounds received in combat. Currently those incurring combat inflicted disabilities in Iraq and Afghanistan are denied the benefits of CRDP. Veterans are urged to contact their Congressional representative and request their cosponsorship of this bill. |