A bipartisan bill has been reintroduced to increase the annual pension for Medal of Honor recipients from $16,880 to $100,000. Proponents say the increase would ease the financial burden for recipients who often travel for speaking engagements at their own expense.
EXCLUSIVE: A new, bipartisan, bicameral bill would boost pensions for Medal of Honor recipients six-fold. The legislation, reintroduced by Texas Republicans Rep. Troy Nehls and Sen. Ted Cruz and New Hampshire Democrat Rep. Chris Pappas, would bring pay for those who receive the nation's highest military award from $16,880 per year to $100,000 per year.
Pension rolls for Medal of Honor recipients were first created in 1916, with pensioners receiving $10 per month from the federal government. The monthly stipend was raised to $100 in 1961 and $1,000 in 2002. 'I’m proud to reintroduce the Medal of Honor Act to ease the financial burdens of our nation’s Medal of Honor recipients,' Nehls said in a statement.
MEDAL OF HONOR PENSION BILL CONGRESS VETERANS
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