The Navy announced Wednesday it will suspend the $23,000 annual pension of retired Marine Lt. Col. Oliver North and will ask the U.S. comptroller general to decide whether the pay should be revoked permanently.

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The Navy told the comptroller general, however, it believes the Vietnam War veteran should be allowed to keep his pension despite his felony convictions in the Iran-Contra scandal."The Department of the Navy has sought a final decision from the comptroller general on the question of whether Lt. Col. Oliver North's retired pay and allowances be continued despite his sentencing today," said a Navy statement.

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