10 U.S.C. § 1432

Current through P.L. 118-47 (published on www.congress.gov on 03/23/2024)
Section 1432 - Election of annuity: former members of armed forces

A person who was a former member of an armed force on November 1, 1953, and who is granted retired or retainer pay after that date, may, at the time he is granted that pay, make an election as provided in section 1431 of this title.

10 U.S.C. § 1432

Aug. 10, 1956, ch. 1041, 70A Stat. 109.

HISTORICAL AND REVISION NOTES
Revised sectionSource (U.S. Code)Source (Statutes at Large)
1432 37:372(a) (5th sentence). Aug. 8, 1953, ch. 393, §3(a) (5th sentence), 67 Stat. 502.

pay
The term "pay" includes basic pay, special pay, retainer pay, incentive pay, retired pay, and equivalent pay, but does not include allowances.