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Some veterans could see decrease in retirement benefits by 2016

We owe a debt of gratitude to the veterans in Tennessee and around the country who have served in the armed forces to protect our freedom. Many of these brave men and women were wounded in combat and in need of medical care when they returned home -- some for many years to come. As a result of their injuries and disabilities, many veterans are unable to work. Therefore, many of our nation's veterans depend not only on veterans disability benefits but on Social Security disability benefits as well.

A reduction or loss of these benefits could be catastrophic for many of these veterans -- a lot of whom depend on them to pay for day-to-day necessities such as food and shelter. 

Under a plan under consideration in Congress that would cut the pensions of many military retirees, disability benefits available to veterans would not be cut. However, the same can't be said for servicemembers who retired from the military due to disability or injury. Their retirement benefits could be cut -- including those of people whose disabilities are severe enough that they are not able to work.

The changes wouldn't take effect until 2016, which means there is still time to come up with an alternative solution for saving money. However, it has many people both inside and outside of Washington concerned that a real change could be coming.

Regardless of what happens, veterans who are disabled are often eligible for multiple kinds of benefits. An experienced veterans disability attorney can assist people in that situation to determine how to receive what is due to them.

Source: The Washington Free Beacon, "Disabled Military Retirees Not Exempt from Pension Cuts in Budget Deal," Elizabeth Harrington, Dec. 17, 2013

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