Page:United States Statutes at Large Volume 100 Part 1.djvu/731

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PUBLIC LAW 99-000—MMMM. DD, 1986

PUBLIC LAW 99-348—JULY 1, 1986

100 STAT. 695

"(3) REFERENCES.—Section references in the table in subsection (a) are to sections of this title.", (b) RECOMPUTATION FOR ENLISTED MEMBERS AND WARRANT OFFICERS ADVANCED ON THE RETIRED LIST.—The table in section 3992

(relating to recomputation of retired pay to reflect advancement on retired list) is amended to read as follows: Column 2 Multiply by

Column 1 Take

"Formula A

Retired pay base as computed The retired pay multiplier prescribed in section 1409 of this under section 1406(c) or 1407 title for the number of years of this title. credited to him under section 3925 of this title.!

B

Retired pay base as computed The retired pay multiplier prescribed in section 1409 of this under section 1406(c) or 1407 of this title. title for the number of years credited to him under section 1405 of this title.

' In determining retired pay multiplier, credit each full month of service that is in addition to the number of full years of service creditable to the member as Via of a year and disregard any remaining fractional part of a month.".

(c) CONFORMING AMENDMENT.—Section 3925 is amended by adding at the end the following new subsection: "(c) In determining a member's years of service under subsection (a) for the purpose of computing the member's retired pay under Ante, p. 694. section 3991 of this title— "(1) each full month of service that is in addition to the number of full years of service creditable to the member shall be credited as Vi 2 of a year; and "(2) any remaining fractional part of a year shall be disregarded." SEC. 203. MEMBERS OF THE NAVY AND MARINE CORPS (a) RETIRED AND RETAINER PAY FORMULA.—Section 6333 is amended to read as follows: 10 USC 6333. "§ 6333. Computation of retired and retainer pay "(a) The monthly retired pay or retainer pay of a member entitled to such pay under this chapter or under section 6383 of this title is Post, p. 696. computed in accordance with the following table.

"Formula A

For sections

Column 1 Take

Column 2 Multiply by

6325(a) 6326

Retired pay base computed under section 1406(d) or 1407.

75 percent.