President Donald Trump signed a pair of bills on Monday, including one that substantially increases the monthly pension for recipients of the nation’s highest military award, the Medal of Honor.
The Medal of Honor Act, H.R. 695, raises the monthly pension from $16,880.76 annually to roughly $67,500 annually.
This works out to about $5,625 per month, up from $1,406.73 per month.
Rep. Troy Nehls (R-TX), who introduced the bill and is set to retire at the end of his term, noted that there are 61 living Medal of Honor recipients of the more than 3,515 total in the medal’s history, dating back to 1863.
The Army and Navy Medal of Honor Roll…
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