10 U.S.C. § 8334
(b) This section applies to—
(c) An enlisted member of the naval service who is advanced on the retired list under this section is entitled to recompute his retired or retainer pay under formula A of the following table, and a warrant officer of the naval service so advanced is entitled to recompute his retired pay under formula B of that table. The amount recomputed, if not a multiple of $1, shall be rounded to the next lower multiple of $1.
| Formula | Column 1 Take | Column 2 Multiply by |
|---|---|---|
| 1 In determining the 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 1⁄12 of a year and disregard any remaining fractional part of a month. | ||
| A | Retired pay base as computed under section 1406(d) or 1407 of this title | The retired pay multiplier prescribed in section 1409 of this title for the number of years creditable for his retainer or retired pay at the time of retirement.1 |
| B | Retired pay base as computed under section 1406(d) of this title | The retired pay multiplier prescribed in section 1409 of this title for the number of years credited to him under section 1405 of this title. |
(Added Pub. L. 100–180, div. A, title V, § 512(b), , 101 Stat. 1089, § 6334; amended Pub. L. 101–189, div. A, title XVI, § 1622(g), , 103 Stat. 1605; renumbered § 8334, Pub. L. 115–232, div. A, title VIII, § 807(b)(15), , 132 Stat. 1836.)
2018—Pub. L. 115–232 renumbered section 6334 of this title as this section.
1989—Subsec. (a). Pub. L. 101–189 substituted “” for “the date of the enactment of this section”.
Amendment by Pub. L. 115–232 effective , with provision for the coordination of amendments and special rule for certain redesignations, see section 800 of Pub. L. 115–232, set out as a note preceding section 3001 of this title.