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14 U.S.C. § 2505 — Limitations on retirement and retired pay

submitted 77 years ago by ch. 393 to r/title-14-COAST-GUARD · 123 words · no verdicts yet

in plain englishAI-generated · not legal advice

This section limits retirement and retired pay under the circumstances it describes. It sets the applicable restrictions and exceptions.

(a) The provisions of any section of this title must not be read so as to prevent any member from being placed on the retired list with the highest grade or rate and the highest retired pay to which the member can be entitled under the provisions of any other section of this title or under any other law. (b) In no case can the retired pay of a member exceed 75 percent of (1) the sum of the active-duty pay and all permanent additions thereto (including longevity credit to which the member is entitled) of the grade or rate on which the member’s pay is computed, or (2) the retired pay base determined under section 1407 of title 10 , as appropriate.
the actual law source: uscode.house.gov ↗public domain
(a)

The provisions of any section of this title shall not be construed so as to prevent any member from being placed on the retired list with the highest grade or rate and the highest retired pay to which the member may be entitled under the provisions of any other section of this title or under any other law.

(b)

In no case may the retired pay of a member exceed 75 percent of (1) the sum of the active-duty pay and all permanent additions thereto (including longevity credit to which the member is entitled) of the grade or rate on which the member’s pay is computed, or (2) the retired pay base determined under section 1407 of title 10, as appropriate.

Source credit: (Aug. 4, 1949, ch. 393, 63 Stat. 525, § 424; Pub. L. 98–557, § 15(a)(3)(A), Oct. 30, 1984, 98 Stat. 2865; Pub. L. 99–348, title II, § 205(b)(11), July 1, 1986, 100 Stat. 700; renumbered § 2505, Pub. L. 115–282, title I, § 114(b), Dec. 4, 2018, 132 Stat. 4223.)

history & why it existsrecord from the source credit
  • 1949Enacted · Act of Aug. 4, 1949, ch. 393 · 63 Stat. 525
  • 1984Amended · Pub. L. 98-557 · 98 Stat. 2865
  • 1986Amended · Pub. L. 99-348 · 100 Stat. 700
  • 2018Amended · Pub. L. 115-282 · 132 Stat. 4223

A history note hasn’t been published yet. The record shows enactment by ch. 393 on 1949-08-04.

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