The Granite Slate
NH Counties

December 2003
Published peroidically for the information of NH Chapter of MOAA members
P.O. Box 712, Dover, NH 03820
Volume 24, No. 5


SEASONS
GREETINGS!


Defense Authorization Act
Information from MOAA'S Legislative Update of 11/26/03
President Bush signed the FY2004 Defense Authorization Act into law on Monday, November 24, 2003.  Among other things, this legislation:

(1)  Phases out the disability offset to retired pay for members (including Guard/Reserve) with 20+ years of service and 50% or higher VA disability ratings. 

(2) Pays combat-related special compensation to members with any qualifying combat or operations-related disabilities.

(3) Provides an average 4.15% January pay raise for active duty, Guard and Reserve members.

(4) Changes the permanent law to link future military raises to private sector pay growth.




(5) Establishes statutory requirements for the Pentagon to take action to attract more providers to participate in TRICARE Standard and assist beneficiaries in finding participating providers.

(6) Extends premium-based TRICARE eligibility to Selected Reservists who do not have health coverage through a private employer.
 


COLA

According to the Defense Finance and Accounting Service (DFAS), military retirees who retired before January 1, 2003, will receive a 2.1% cost of living adjustment (COLA).  This adjustment is for the 2004 calendar year, and should appear as an increase in the January 2004 payments.


Chapter Officers
 
President LCDR Paul L. Bernard, USN (Ret) (603) 229-1334 pbernard@attbi.com
Vice President LTC John A. Graham, USA (Ret) (603) 472-4637 pjgraham@attbi.com
Secretary MAJ Patricia A. Graham, USA (Ret) (603) 472-4637 pjgraham@attbi.com
Treasurer COL Richard L. Dennis, USMC (Ret) (603) 362-4981 rldnh@earthlink.net

 

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