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10 U.S.C. § 1412 — Administrative provisions
Federal law — U.S. Code and appendices · legal_authorities
**(a) Rounding.—** Amounts computed under this chapter, if not a multiple of $1, shall be rounded to the next lower multiple of $1.
**(b) Payment Date.—** Amounts of retired pay and retainer pay due a retired member of the uniformed services shall be paid on the first day of each month beginning after the month in which the right to such pay accrues.
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Source location: Title 10, Chapter 71, § 1412; chapter-071-computation-of-retired-pay.md
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**(a) Rounding.—** Amounts computed under this chapter, if not a multiple of $1, shall be rounded to the next lower multiple of $1.
**(b) Payment Date.—** Amounts of retired pay and retainer pay due a retired member of the uniformed services shall be paid on the first day of each month beginning after the month in which the right to such pay accrues.
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Federal law — U.S. Code and appendices · legal_authorities
**(a)** A member of an armed force who first became a member of a uniformed service before September 8, 1980, and who has become entitled to retired pay or retainer pay, and who thereafter serves on active duty (other than for training), is entitled to recompute his retired pay or retainer pay upon his release from that duty according to the following table. Column 1 TakeColumn 2 Multiply by 1 For a member who has been entitled, for continuous period of at least two years, to basic pay under the rates of basic pay in effect upon that release from active duty, compute under those rates. For a member who has been entitled to basic pay for a continuous period of at least two years upon that release from active duty, but who is not covered by the preceding sentence, compute under the rates of basic pay replaced by those in effect upon that release from active duty. For any other member, compute under the rates of basic pay under which the member’s retired pay or retainer pay was computed when he entered on that active duty. 2 Before applying percentage factor, credit each full month of service that is in addition to the number of full years of service creditable to the member as one-twelfth of a year and disregard any remaining fractional part of a month. Monthly basic pay 1 of the grade in which he would be eligible— (1) to retire if he were retiring upon that release from active duty; or (2) to transfer to the Fleet Reserve or Fleet Marine Corps Reserve if he were transferring to either upon that release from active duty.2½ percent of the sum of— (1) the years of service that may be credited to him in computing retired pay or retainer pay; and (2) his years of active service after becoming entitled to retired pay or retainer pay.2 However, an officer who was ordered to ac
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Federal law — U.S. Code and appendices · legal_authorities
Page 1330
TITLE 10—ARMED FORCES
§ 1411
member attains 62 years of age, so as to be the
amount equal to the amount of retired pay to
which the member or former member would be
entitled on that date if—
(1) increases in the retired pay of the mem-
ber or former member under section 1401a(b) of
this title had been computed as provided in
paragraph (2) of that section (rather than
under paragraph (3) of that section); and
(2) in the case of a member whose retired
pay was subject to section 1409(b)(2) of this
title, no reduction in the member’s retired pay
had been made under that section.
(Added Pub. L. 99–348, title I, § 103, July 1, 1986,
100 Stat. 685; amended Pub. L. 100–224, § 2, Dec.
30, 1987, 101 Stat. 1536; Pub. L. 101–189, div. A,
title VI, § 651(b)(4), Nov. 29, 1989, 103 Stat. 1460;
Pub. L. 106–65, div. A, title VI, §§ 641(c),
643(b)(3)(A), Oct. 5, 1999, 113 Stat. 662, 664; Pub. L.
110–181, div. A, title VI, § 661(b)(3), Jan. 28, 2008,
122 Stat. 178; Pub. L. 113–67, div. A, title IV,
§ 403(b), Dec. 26, 2013, 127 Stat. 1186; Pub. L.
114–92, div. A, title VI, § 631(d)(1), Nov. 25, 2015,
129 Stat. 845.)
Editorial Notes
REFERENCES IN TEXT
Section 322 of title 37 (as in effect before the enact-
ment of the National Defense Authorization Act for
Fiscal Year 2008), referred to in text, means section 322
of title 37 as in effect before enactment of Pub. L.
110–181. Section 322 of title 37 was renumbered as sec-
tion 354 of title 37 and amended by Pub. L. 110–181, div.
A, title VI, § 661(b)(1), (2), Jan. 28, 2008, 122 Stat. 178.
AMENDMENTS
2015—Par. (1). Pub. L. 114–92, § 631(d)(1), which was ap-
proved Nov. 25, 2015, provided that the amendment
made by Pub. L. 113–67, § 403(b), which was effective
Dec. 1, 2015, would not take effect. See 201
Source: Supplied 2024 U.S. Code historical extraction · 10 U.S.C. § 1412
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