United States Code (Last Updated: May 24, 2014) |
Title 10. ARMED FORCES |
SubTitle C. Navy and Marine Corps |
Part II. PERSONNEL |
Chapter 571. VOLUNTARY RETIREMENT |
§ 6333. Computation of retired and retainer pay
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(a) The monthly retired pay or retainer pay of a member entitled to such pay under this chapter or under section 6970 or 6383 of this title is computed in accordance with the following table. Formula
For
sections
Column 1
Take
Column 2
Multiply by
A
6325(a)
6326
Retired pay base computed under section 1406(d) or 1407
Retired pay multiplier prescribed under section 1409 for the years of service that may be credited to the member under section 1405.
B
6323
6325(b)
6970
6383
Retired pay base computed under section 1406(d) or 1407
Retired pay multiplier prescribed under section 1409 for the years of service that may be credited to him under section 1405.
C
6330
Retainer pay base computed under section 1406(d) or 1407
Retainer pay multiplier prescribed under section 1409 for the years of service that may be credited to him under section 1405.
(b) (1) Retired pay or retainer pay computed under this section, if not a multiple of $1, shall be rounded to the next lower multiple of $1. (2) References in the table in subsection (a) are to sections of this title. (c) In the case of a Reserve enlisted member whose grade upon transfer to the Fleet Reserve or Fleet Marine Corps Reserve is determined under section 6336 of this title and who first became a member of a uniformed service before September 8, 1980 , the retainer pay base of the member (notwithstanding section 1406(a)(1) of this title) is the amount of the monthly basic pay of the grade in which the member is so transferred (determined based upon the rates of basic pay applicable on the date of the member’s transfer), and that amount shall be used for the purposes of the table in subsection (a) rather than the amount computed under section 1406(d) of this title.
Amendments
2008—Subsec. (a). Pub. L. 110–181 substituted “Retired pay multiplier prescribed under section 1409 for the years of service that may be credited to the member under section 1405.” for “75 percent.” in Formula A under Column 2 in table.
2006—Subsec. (a). Pub. L. 109–163 inserted “6970 or” after “section” in text and “6970” below “6325(b)” in Formula B under “For sections” column in table.
1996—Subsec. (a). Pub. L. 104–106 struck out first period after “section 1405” in Formula C under Column 2 in table.
Subsec. (c). Pub. L. 104–201 added subsec. (c).
1994—Subsec. (a). Pub. L. 103–337 substituted “the years of service that may be credited to him under section 1405.” for “his years of active service in the armed forces” in Formula C under Column 2 in table.
1986—Pub. L. 99–348 amended section generally, designating existing provision as subsec. (b)(1), substituting “under this section” for “under this chapter”, and adding subsecs. (a) and (b)(2).
Effective Date Of Amendment
Amendment by Pub. L. 110–181 effective as of
Amendment by Pub. L. 103–337 applicable to computation of retired pay of any enlisted member who retires on or after
Effective Date
Section effective