2018 US Code
Title 10 - Armed Forces
Subtitle A - General Military Law
Part II - Personnel
Chapter 71 - Computation of Retired Pay
Sec. 1412 - Administrative provisions
| 10 U.S.C. § 1412 (2018) |
| §1412. Administrative provisions |
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(a) Rounding.—Amounts computed under this chapter, if not a multiple of $1, shall be rounded to the next lower multiple of $1. (b) Payment Date.—Amounts of retired pay and retainer pay due a retired member of the uniformed services shall be paid on the first day of each month beginning after the month in which the right to such pay accrues. |
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(Added Pub. L. 99–348, title I, §105, July 1, 1986, 100 Stat. 691; amended Pub. L. 111–383, div. A, title VI, §632(a), (b)(1), Jan. 7, 2011, 124 Stat. 4240.) |
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AMENDMENTS
2011—Pub. L. 111–383, §632(b)(1), substituted "Administrative provisions" for "Rounding to next lower dollar" in section catchline. Pub. L. 111–383, §632(a), designated existing provisions as subsec. (a), inserted heading, and added subsec. (b). EFFECTIVE DATE OF 2011 AMENDMENTPub. L. 111–383, div. A, title VI, §632(c), Jan. 7, 2011, 124 Stat. 4240, provided that: "Subsection (b) of section 1412 of title 10, United States Code, as added by subsection (a), shall apply beginning with the first month that begins more than 30 days after the date of the enactment of this Act [Jan. 7, 2011]." |
| United States Code, 2018 Edition, Title 10 - ARMED FORCES |
| Bills and Statutes |
| United States Code |
| Y 1.2/5: |
| Title 10 - ARMED FORCES Subtitle A - General Military Law PART II - PERSONNEL CHAPTER 71 - COMPUTATION OF RETIRED PAY Sec. 1412 - Administrative provisions |
| section 1412 |
| 2018 |
| January 14, 2019 |
| Yes |
| standard |
| 100 Stat. 691 124 Stat. 4240 |
| Public Law 99-348, Public Law 111-383 |
