Trump Signs Bill to More Than Triple Pensions for Medal of Honor Recipients

The Medal of Honor Act, signed by the president on Monday evening, would nearly quadruple recipients’ pensions, the first increase in nearly 25 years.

A military aide holds the Medal of Honor during a presentation ceremony in the East Room of the White House on July 18, 2016. Mandel Ngan/AFP via Getty Images

President Donald Trump on Monday evening signed a bill into law that would nearly quadruple pensions for Medal of Honor recipients.

The Medal of Honor Act, which was introduced in the House by Rep. Troy Nehls (R-Texas) and in the Senate by Sen. Ted Cruz (R-Texas), increases the pension for Medal of Honor recipients from its current rate of $16,880.76 annually to about $67,000 annually, representing a nearly fourfold increase.