Page:United States Statutes at Large Volume 100 Part 5.djvu/419
PUBLIC LAW 99-661—NOV. 14, 1986
100 STAT. 3893
on active duty (other than active duty for training) or fulltime National Guard duty (other than full-time National Guard duty for training only). "(2) The product of— "(A) the level percentage of basic pay and of compensation (paid pursuant to section 206 of title 37) determined using all the methods and assumptions approved for the d most recent (as of the first day of the current fiscal year) actuarial valuation under section 1465(c)(1)(B) of this title ft; (except that any statutory change in the military retirement and survivor benefit systems that is effective after the Ai jij. date of that valuation and on or before the first day of the current fiscal year shall be used in such determination); and "(B) the total amount of basic pay and of compensation (paid pursuant to section 206 of title 37) paid that month to members of the Ready Reserve of the armed forces (other '"'" than the Coast Guard and other than members on full-time National Guard duty other than for training) who are not otherwise described in paragraph (1)(B).". (c) DEVELOPMENT AND SUBMISSION OF DATA ON RESERVE COMPO-
NENTS.—Not later than September 30, 1987, the Secretary of each military department shall develop the data required pursuant to Department of Defense Instruction Number 7730.54 (dated May 7, 1986) and submit such data to the Secretary of Defense. In accordance with such instruction, such data shall include the following with respect to each member of a reserve component: (1) Date of initial entry into military service. (2) Total days of active Federal military service. (3) Years creditable for Reserve retirement under chapter 67 of title 10, United States Code. (4) Reserve component accumulated total creditable retire* ment points earned during the member's most recently com3 pleted retirement year. (5) Reserve component accumulated paid points earned during the member's most recently completed retirement year. (6) Reserve component total accumulated creditable points toward retirement earned during the member's career. (d) EFFECTIVE DATE.—The amendments made by subsections (a) and (b) shall apply to payments required to be made under section 1466(a) of title 10, United States Code, as amended by subsection (b), for months beginning on or after the date of the enactment of this Act.
Ante, p. 3876.
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10 USC 1331 et ^eq.
. ^ 10 USC 1465 note.
SEC. 662. AUTHORITY TO PAY BANK CHARGES IN THE EVENT OF GOVERNMENT ERROR IN MANDATORY DIRECT DEPOSIT OF MEMBERS' PAY
(a) IN GENERAL.—(1) Chapter 53 of title 10, United States Code (as amended by section 656), is amended by adding at the end the following new section: "§ 1053. Relief for expenses because of error in mandatory direct 10 USC 1053. deposit of pay "(a) A member of the armed forces who, by law or regulation, is required to participate in a program for the automatic deposit of pay to a financial institution may be reimbursed for overdraft charges levied by the financial institution when such charges result from an