HB 1550
House·20th Congress·Filed Jul 8, 2025
An Act Creating a Sustainable Fiscal Framework for the Pension System of the Military and Uniformed Personnel, Providing Mechanisms for the Disposition of Government Assets for the Purpose, and Appropriating Funds Therefor
In plain language
The bill would create two pension trust funds for the armed forces and other uniformed services, raise the compulsory retirement age to 57, give a guaranteed 3 % yearly pay rise for ten years, set mandatory contributions of 9 % (personnel) and 12 % (government), and make the funds tax‑free.
Public Works and InfrastructureSocial Welfare
Automated summary by BatasWatch. It may miss nuance — read the bill text before citing it.
Authors · 4 Representatives
Official sources
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HB01550 · Sources: BetterGov Open Congress, BatasWatch