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2020 US Code
Title 10 - Armed Forces
Subtitle A - General Military Law
Part II - Personnel
Chapter 74 - Department of Defense Military Retirement Fund
Sec. 1463 - Payments from the Fund

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Citation 10 U.S.C. § 1463 (2020)
Section Name §1463. Payments from the Fund
Section Text

(a) There shall be paid from the Fund—

(1) retired pay payable to members on the retired lists of the Army, Navy, Air Force, Marine Corps, and Coast Guard, and Space Force 1 and payments under section 1413a, 1414, or 1415 of this title paid to such members;

(2) retired pay payable under chapter 1223 of this title to former members of the armed forces;

(3) retainer pay payable to members of the Fleet Reserve and Fleet Marine Corps Reserve;

(4) benefits payable under programs under the jurisdiction of the Department of Defense and the Department of Homeland Security that that 2 provide annuities for survivors of members and former members of the armed forces, including chapter 73 of this title, section 4 of Public Law 92–425, and section 5 of Public Law 96–402; and

(5) amounts payable under section 1408(h) of this title.


(b) The assets of the Fund are hereby made available for payments under subsection (a).
Source Credit

(Added Pub. L. 98–94, title IX, §925(a)(1), Sept. 24, 1983, 97 Stat. 645; amended Pub. L. 101–189, div. A, title VI, §651(c), Nov. 29, 1989, 103 Stat. 1460; Pub. L. 102–484, div. A, title VI, §653(b)(2), Oct. 23, 1992, 106 Stat. 2428; Pub. L. 103–35, title II, §202(a)(4), May 31, 1993, 107 Stat. 101; Pub. L. 104–106, div. A, title XV, §1501(c)(18), Feb. 10, 1996, 110 Stat. 499; Pub. L. 107–296, title XVII, §1704(b)(1), Nov. 25, 2002, 116 Stat. 2314; Pub. L. 108–136, div. A, title VI, §641(c)(2), Nov. 24, 2003, 117 Stat. 1515; Pub. L. 108–375, div. A, title X, §1084(d)(11), Oct. 28, 2004, 118 Stat. 2062; Pub. L. 114–92, div. A, title VI, §633(a)(3), Nov. 25, 2015, 129 Stat. 850; Pub. L. 116–283, div. A, title IX, §924(b)(1)(L), div. G, title LVXXXII [LXXXII], §8223, Jan. 1, 2021, 134 Stat. 3820, 4658.)
Editorial Notes REFERENCES IN TEXT

Section 4 of Public Law 92–425, referred to in subsec. (a)(4), is set out as a note under section 1448 of this title.

Section 5 of Public Law 96–402, referred to in subsec. (a)(4), is set out as a note under section 1448 of this title.

AMENDMENTS

2021—Subsec. (a)(1). Pub. L. 116–283, §8223(1), which directed substitution of "Marine Corps, and Coast Guard" for "and Marine Corps", was executed by making the substitution for "Marine Corps" to reflect the probable intent of Congress and the intervening amendment by Pub. L. 116–283, §924(b)(1)(L). See below.

Pub. L. 116–283, §924(b)(1)(L), substituted "Marine Corps, and Space Force" for "and Marine Corps".

Subsec. (a)(2). Pub. L. 116–283, §8223(2), struck out "(other than retired pay payable by the Secretary of Homeland Security)" after "armed forces".

Subsec. (a)(4). Pub. L. 116–283, §8223(3), inserted "and the Department of Homeland Security that" after "Department of Defense".

2015—Subsec. (a)(1). Pub. L. 114–92 substituted ", 1414, or 1415" for "or 1414".

2004—Subsec. (a)(1). Pub. L. 108–375 substituted "1413a" for "1413, 1413a,".

2003—Subsec. (a)(1). Pub. L. 108–136 inserted before semicolon at end "and payments under section 1413, 1413a, or 1414 of this title paid to such members".

2002—Subsec. (a)(2). Pub. L. 107–296 substituted "of Homeland Security" for "of Transportation".

1996—Subsec. (a)(2). Pub. L. 104–106 substituted "chapter 1223" for "chapter 67".

1993—Subsec. (a)(5). Pub. L. 103–35 made technical amendment to directory language of Pub. L. 102–484, §653(b)(2). See 1992 Amendment note below.

1992—Subsec. (a). Pub. L. 102–484, as amended by Pub. L. 103–35, added par. (5).

1989—Subsec. (a). Pub. L. 101–189 substituted "members" for "persons" in par. (1), added par. (2), and redesignated former pars. (2) and (3) as (3) and (4), respectively.

EFFECTIVE DATE OF 2015 AMENDMENT; IMPLEMENTATION

Amendment by Pub. L. 114–92 effective Jan. 1, 2018, with certain implementation requirements, see section 635 of Pub. L. 114–92, set out as a note under section 8432 of Title 5, Government Organization and Employees.

EFFECTIVE DATE OF 2003 AMENDMENT

Amendment by Pub. L. 108–136 effective Oct. 1, 2003, with Secretary of Defense to provide for certain administrative adjustments, see section 641(c)(6) of Pub. L. 108–136, set out as a note under section 1413a of this title.

EFFECTIVE DATE OF 2002 AMENDMENT

Amendment by Pub. L. 107–296 effective on the date of transfer of the Coast Guard to the Department of Homeland Security, see section 1704(g) of Pub. L. 107–296, set out as a note under section 101 of this title.

EFFECTIVE DATE OF 1996 AMENDMENT

Pub. L. 104–106, div. A, title XV, §1501(c), Feb. 10, 1996, 110 Stat. 498, provided that the amendment made by that section is effective as of Dec. 1, 1994, and as if included as an amendment made by the Reserve Officer Personnel Management Act, title XVI of Pub. L. 103–337, as originally enacted.

EFFECTIVE DATE OF 1993 AMENDMENT

Amendment by Pub. L. 103–35 applicable as if included in the enactment of Pub. L. 102–484, see section 202(b) of Pub. L. 103–35, set out as a note under section 155 of this title.

EFFECTIVE DATE

Pub. L. 98–94, title IX, §925(b)(2), Sept. 24, 1983, 97 Stat. 648, provided that: "Sections 1463 (relating to payments from the Fund) and 1466 (relating to payments to the Fund) of title 10, United States Code, as added by subsection (a), shall take effect on October 1, 1984."
Footnotes

1 See 2021 Amendment notes below.

2 So in original.
Publication Title United States Code, 2018 Edition, Supplement 2, Title 10 - ARMED FORCES
Category Bills and Statutes
Collection United States Code
SuDoc Class Number Y 1.2/5:
Contained Within Title 10 - ARMED FORCES
Subtitle A - General Military Law
PART II - PERSONNEL
CHAPTER 74 - DEPARTMENT OF DEFENSE MILITARY RETIREMENT FUND
Sec. 1463 - Payments from the Fund
Contains section 1463
Date 2020
Laws In Effect As Of Date January 13, 2021
Positive Law Yes
Disposition standard
Statutes at Large References 97 Stat. 645, 648
103 Stat. 1460
106 Stat. 2428
107 Stat. 101
110 Stat. 499, 498
116 Stat. 2314
117 Stat. 1515
118 Stat. 2062
129 Stat. 850
134 Stat. 3820
Public Law References Public Law 92-425, Public Law 96-402, Public Law 98-94, Public Law 101-189, Public Law 102-484, Public Law 103-35, Public Law 103-337, Public Law 104-106, Public Law 107-296, Public Law 108-136, Public Law 108-375, Public Law 114-92, Public Law 116-283
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