United States Code (Last Updated: May 24, 2014) |
Title 10. ARMED FORCES |
SubTitle C. Navy and Marine Corps |
Part III. EDUCATION AND TRAINING |
Chapter 607. RETIREMENT OF CIVILIAN MEMBERS OF THE TEACHING STAFFS OF THE UNITED STATES NAVAL ACADEMY AND UNITED STATES NAVAL POSTGRADUATE SCHOOL |
§ 7085. Computation of life annuity
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Each civilian member who retires under section 7084 of this title is entitled to a life annuity computed by multiplying his average annual compensation during any five consecutive years of allowable service, at his option, by his number of years of service, not exceeding 35, and dividing the product by 70. The retirement annuity payable to a retired civilian member under a policy required by section 7082 of this title is counted as part of the retirement annuity provided in this section. Any difference between the amount received by the retired civilian member under his annuity policy and the total annual amount to which he is entitled under this section shall be paid to him by the Secretary of the Navy from appropriations made for this purpose.
Historical And Revision
Historical and Revision Notes | ||
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Revised section | Source (U.S. Code) | Source (Statutes at Large) |
7085 | 34 U.S.C. 1073c–1 (less 2d proviso). | Jan. 16, 1936, ch. 3, § 4A (less 2d proviso); added Nov. 28, 1943, ch. 331, § 1, 57 Stat. 594. |
The words “terminable on his death at the rate of the following total annual amount” are omitted as surplusage, since they are covered by the words “life annuity”.
The words “basic salary, pay, or” are omitted as surplusage, since they are covered by the word “compensation”. The first proviso is omitted as unnecessary, since all existing rights and benefits of persons affected by this title are protected by a general saving provision.
Miscellaneous
Section 30 of Pub. L. 85–861,
Pub. L. 85–40, “If annuity commences between— Portion of annuity not in excess of $1,500 shall be increased by— Portion of annuity in excess of $1,500 shall be increased by— per centum per centum Jan. 16, 1936, and June 30, 1955 12 8 July 1, 1955, and Dec. 31, 1955 10 7 Jan. 1, 1956, and June 30, 1956 8 6 July 1, 1956, and Dec. 31, 1956 6 4 Jan. 1, 1957, and June 30, 1957 4 2 July 1, 1957, and Dec. 31, 1957 2 1