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Federal law — U.S. Code and appendices · legal_authorities
<a id="section-323"></a>
Source: U.S. Code supplied Markdown snapshot · 37 U.S.C. § 322
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Stable record: federal_law:legal_authorities:record_usc_79209cdfab3c8755102da4eb
Source file: Laws/federal/codes/united-states-code/title-37/section-322-renumbered-354--f1db8fb922.md
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Source location: Laws/federal/codes/united-states-code/title-37/section-322-renumbered-354--f1db8fb922.md#record-record-usc-79209cdfab3c8755102da4eb
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Prohibition on Recomputation To Reflect Increases in Basic Pay.—** Unless otherwise specifically provided by law, the retired pay of a member or former member of an armed force may not be recomputed to reflect any increase in the rates of basic pay for members of the armed forces. **(b) Cost-of-Living Adjustments Based on CPI Increases.—** (1) **Increase required.—** — Effective on December 1 of each year, the Secretary of Defense shall increase the retired pay of members and former members entitled to that pay in accordance with paragraphs (2) and (3). (2) **Percentage increase.—** — Except as otherwise provided in this subsection, the Secretary shall increase the retired pay of each member and former member by the percent (adjusted to the nearest one-tenth of 1 percent) by which— (A) the price index for the base quarter of that year, exceeds (B) the base index. (3) **Reduced percentage for certain post-august 1, 1986 members.—** — If the percent determined under paragraph (2) is greater than 1 percent, the Secretary shall increase the retired pay of each member and former member who first became a member on or after August 1, 1986, and has elected to receive a bonus under section 322 (as in effect before the enactment of the National Defense Authorization Act for Fiscal Year 2008) or [section 354 of title 37](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title37-section354&num=0&edition=prelim), by the difference between— (A) the percent determined under paragraph (2); and (B) 1 percent. (4) **Special rule for paragraph (3).—** — If in any case in which an increase in retired pay that would otherwise be made under paragraph (3) is not made by reason of law (other than any provision of this section), then (unless otherwise provided
Source: Supplied U.S. Code snapshot — release unconfirmed · 10 U.S.C. § 1401a
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Retired Pay Multiplier for Regular-Service Nondisability Retirement.—** In computing— (1) the retired pay of a member of a uniformed service who is entitled to that pay under any provision of law other than— (A) chapter 61 of this title (relating to retirement or separation for physical disability); or (B) chapter 1223 of this title (relating to retirement for non-regular service); or (2) the retainer pay of a member who is transferred to the Fleet Reserve or the Fleet Marine Corps Reserve under [section 8330 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title10-section8330&num=0&edition=prelim), the retired pay multiplier (or retainer pay multiplier) is the percentage determined under subsection (b). **(b) Percentage.—** (1) **General rule.—** — Subject to paragraphs (2) and (3), the percentage to be used under subsection (a) is the product (stated as a percentage) of— (A) 2½, and (B) the member’s years of creditable service (as defined in subsection (c)). (2) **Reduction applicable to certain new-retirement members with less than 30 years of service.—** — In the case of a member who first became a member of a uniformed service after July 31, 1986, has elected to receive a bonus under section 322 (as in effect before the enactment of the National Defense Authorization Act for Fiscal Year 2008) or [section 354 of title 37](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title37-section354&num=0&edition=prelim), has less than 30 years of creditable service, and is under the age of 62 at the time of retirement, the percentage determined under paragraph (1) shall be reduced by— (A) 1 percentage point for each full year that the member’s years of creditable service are less than 30; and (B) 1⁄12 of 1 pe
Source: Supplied U.S. Code snapshot — release unconfirmed · 10 U.S.C. § 1409
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Federal law — U.S. Code and appendices · legal_authorities
In the case of a member or former member who first became a member of a uniformed service on or after August 1, 1986, who has elected to receive a bonus under section 322 (as in effect before the enactment of the National Defense Authorization Act for Fiscal Year 2008) or [section 354 of title 37](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title37-section354&num=0&edition=prelim), and who becomes entitled to retired pay before the age of 62, the retired pay of such member or former member shall be recomputed, effective on the first day of the first month beginning after the member or former 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 member or former member under [section 1401a(b) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title10-section1401a/b&num=0&edition=prelim) 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](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title10-section1409/b/2&num=0&edition=prelim), no reduction in the member’s retired pay had been made under that section.
Source: Supplied U.S. Code snapshot — release unconfirmed · 10 U.S.C. § 1410
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Availability of Bonus.—** The Secretary concerned shall pay a bonus under this section to an eligible career bonus member if the member— (1) elects to receive the bonus under this section; and (2) executes a written agreement (prescribed by the Secretary concerned) to remain continuously on active duty until the member has completed 20 years of active-duty service creditable under [section 1405 of title 10](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title10-section1405&num=0&edition=prelim). **(b) Eligible Career Bonus Member Defined.—** In this section, the term “eligible career bonus member” means a member of a uniformed service serving on active duty who— (1) first became a member on or after August 1, 1986; and (2) has completed 15 years of active duty in the uniformed services (or has received notification under subsection (e) that the member is about to complete that duty). **(c) Election Method.—** An election under subsection (a)(1) shall be made in such form and within such period as the Secretary concerned may prescribe. An election under that subsection is irrevocable. **(d) Amount of Bonus; Payment.—** (1) A bonus under this section shall be equal to $30,000. (2) A member electing to receive the bonus under this section shall elect one of the following payment options: (A) A single lump sum of $30,000. (B) Two installments of $15,000 each. (C) Three installments of $10,000 each. (D) Four installments of $7,500 each. (E) Five installments of $6,000 each. (3) If a member elects installment payments under paragraph (2), the second installment (and subsequent installments, as applicable) shall be paid on the earlier of the following dates: (A) The annual anniversary date of the payment of the first installment.
Source: Supplied U.S. Code snapshot — release unconfirmed · 37 U.S.C. § 354
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Federal law — U.S. Code and appendices · legal_authorities
Page 123 TITLE 37—PAY AND ALLOWANCES OF THE UNIFORMED SERVICES § 324 pay under this section. The total amount paid to an officer under one or more agreements under this section may not exceed $60,000. (c) PRORATION.—The term of an agreement under subsection (b) and the amount payable under the agreement may be prorated. (d) PAYMENT METHODS.—Upon acceptance of an agreement under subsection (b) by the Secretary concerned, the total amount payable pursuant to the agreement becomes fixed. The Secretary shall prepare an implementation plan specifying the amount of each installment payment under the agreement and the times for payment of the installments. (e) ADDITIONAL PAY.—Any amount paid to an officer under this section is in addition to any other pay and allowances to which the officer is entitled. (f) REPAYMENT.—An officer who has entered into a written agreement under subsection (b) and has received all or part of the amount pay- able under the agreement but who does not com- plete the total period of active duty specified in the agreement, shall be subject to the repay- ment provisions of section 303a(e) of this title. (g) REGULATIONS.—The Secretary concerned shall prescribe regulations to carry out this sec- tion. (Added Pub. L. 106–65, div. A, title VI, § 629(a)(1), Oct. 5, 1999, 113 Stat. 659; amended Pub. L. 109–163, div. A, title VI, § 687(b)(29), Jan. 6, 2006, 119 Stat. 3332.) Editorial Notes REFERENCES IN TEXT Section 470 of title 14, referred to in subsec. (a)(2)(B), was redesignated section 2770 of title 14 by Pub. L. 115–282, title I, § 116(b)(2), Dec. 4, 2018, 132 Stat. 4226, and references to section 470 of title 14 deemed to refer to such redesignated section, see section 123(b)(1) of Pub. L. 115–282, set out as a Referen
Source: Supplied 2024 U.S. Code historical extraction · 37 U.S.C. § 322
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