California senator pushes for tax free pension for military retirees

Jack Murphy
February 19, 2020 - 3:57 pm
Taxes in California

(Photo by David McNew/Getty Images)

Categories: 

California State Senator Brian Jones is sponsoring a bill that would make the pensions of retirees immune from income tax.  If Senate Bill 1071  passes it would remove California from the list of only seven states that fully tax the pensions of military veterans.

The bill reads in part, "for taxable years beginning on or after January 1, 2021, and before January 1, 2031, gross income shall not include retirement pay received by a taxpayer from the federal government for service in the uniformed services during the taxable year."

"The men and women who served our country earned every dollar of their retirement pay and states should not be trying to tax it. This measure is the right thing to do and will help keep veterans and their families in California," Jones said

Want to get more connected to the stories and resources Connecting Vets has to offer? Click here to sign up for our weekly newsletter.

Reach Jack Murphy: jack@connectingvets.com or @JackMurphyRGR.