By Rick Maze - Staff writer
Posted : Wednesday Apr 9, 2008 16:06:00 EDT
A bipartisan group of 10 senators moved Wednesday to greatly expand a new reserve retirement pay formula to provide credit toward earlier retirement checks for any time spent mobilized since Sept. 11, 2001.
A new law took effect in January that allows reservists, who now must wait until age 60 to draw military retirement pay, to get payments 90 days earlier for every 90 days of continuous mobilization. But credit is given only for days spent on active duty as of the date the bill became law.
The lack of retroactive credit in the new law, included in the 2008 Defense Authorization Act that was signed on Jan. 28, prompted complaints from a host of military and veterans groups, including the major National Guard and reserve associations.
http://www.navytimes.com/news/2008/04/military_reserve_retiredpay_040908w/
