Repeals a provision of the Bipartisan Budget Act of 2013 that reduces the cost-of-living adjustment to the retirement pay of members of the Armed Forces under age 62.
Prohibits any increase in the pension of a retired Member of Congress who is under age 62.
Requires the Secretaries of Defense (DOD) and Veterans Affairs (VA) to jointly ensure that brand-name prescription drugs purchased by DOD and VA are purchased jointly by such Departments at the same level such drugs were purchased jointly by such Departments in FY2005 or in excess of that level.
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