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to send a signal that Congress will provide some stability in pay and benefits. Last year,

the House of Representatives attempted to make full ECI pay raises mandatory.

Although that particular effort failed, there were numerous improvements. For instance,

Congress passed legislation that reduced out-of-pocket medical costs for military families

assigned to isolated areas. They made improvements in Hazardous Duty Pay and Family

Separation Allowance (FSA) and even gave military members a new Hardship

Deployment Pay. A Retiree Dental Plan, although non-subsidized, became a reality.

Still there remains uncertainty in the minds of military people. Even with the legislative

gains achieved by military people, they still seem only to remember the attempted threats

to their benefits.

The insecurity caused by this constant churning of threats to benefits creates an

environment of stress that takes a real toll on national security. Coast Guard members

simply must be given opportunities to respect and participate in change instead of living

in constant dread and fear of loss.

NCOA appreciates the opportunity to present a number of enlisted views in testimony to

this subcommittee. The Association looks forward to addressing further details regarding

the issues discussed and any other issues with you and the subcommittee staff.

Thank You.

VOS NO

THREE RETIREMENT

SYSTEMS

N

PRIOR TO SEPT. 8, 1990

o Final base pay - full COLA for life

O/A SEPT. 8, 1980

o “High-3” year average for base pay 0 Full COLA for life

O/A Aug. 1, 1986

o “High-3” year average
o Minus 1 percent for years less than 30
o Minus 1 percent COLA until age 62
0 Age 62 one-time catch-up
o CPI minus 1 percent COLA thereafter

Encl. 1

ENCL. 2

VALUE DIFFERENCE IN MILITARY RETIRED PAY SYSTEMS

VALUE PER $1,000 OF REGULAR PAY AFTER 24 YEARS OF SERVICE AT AGE 42 CHART ASSUMES CONSTANT 2 PERCENT ANNUAL CPI ADJUSTMENT

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ENTERED SERVICE ON OR AFTER SEPTEMBER 1, 1980, BUT BEFORE AUGUST 1, 1986

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VALUE DIFFERENCE IN MILITARY RETIRED PAY SYSTEMS

VALUE PER $1,000 OF REGULAR PAY AFTER 24 YEARS OF SERVICE AT AGE 42 CHART ASSUMES CONSTANT 2 PERCENT ANNUAL CPI ADJUSTMENT

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ENTERED SERVICE ON OR AFTER SEPTEMBER 1, 1980, BUT BEFORE AUGUST 1, 1986

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VALUE DIFFERENCE IN MILITARY RETIRED PAY SYSTEMS

VALUE PER $1,000 OF REGULAR PAY AFTER 24 YEARS OF SERVICE AT AGE 42 CHART ASSUMES CONSTANT 2 PERCENT ANNUAL CPI ADJUSTMENT

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840.14 $ $ 10,081.74 $

856.95 $ 874.09 $ 891.57 10,283.37 $ 10,489.04 $ 10,698.82

185,639.88

100%

ENTERED SERVICE ON OR AFTER SEPTEMBER 1, 1980, BUT BEFORE AUGUST 1, 1986

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