To amend title 10, United States Code, to provide for future cost-of-living adjustments for military retirees on the same basis as applies to Federal civil service retirees.

[AI summary unavailable — showing source text] Changes the initial month for which cost-of-living increases in military retired pay become payable to March of the following year for those increases which became effective on December 1 of 1993, 1994, or 1995. Expresses the sense of the Congress that any future changes concerning the determination of cost-of-living adjustments should be identical for Federal civilian and military retirees.…