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(Neb.)-Lawmaker Hopes To Make Military Retirement Pay Tax-Exempt

By: Roxie Graham-Marski Posted at: 12/24/2012 07:36 AM
     LINCOLN, Neb. (AP) - A Nebraska state senator says he wants tax exemptions for military retirement pay and Social Security income.
     Omaha Sen. Bob Krist will introduce a bill next year that would exempt military retirement pay, military civilian retirement pay and Social Security benefits from the state's income tax.
     Paul Cohen, a former assistant adjutant general in the Nebraska Air National Guard, says the tax on military retirement pay is driving many retired personnel out of the state.
     More than 9,000 people are stationed at Offutt Air Force Base near Omaha. An estimated 20,000 retired military personnel and their dependents were reported to live in the Omaha area in 2009.


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