S.Amdt. 3223
What it does: Adds SEC. 642. ELIGIBILITY FOR REDUCED NON-REGULAR SERVICE RETIRED PAY BEFORE AGE 60 on page 130, between lines 9 and 10
Sen. Saxby Chambliss (R-GA)What it changes
1 change to S. 2400
Adds SEC. 642. ELIGIBILITY FOR REDUCED NON-REGULAR SERVICE RETIRED PAY BEFORE AGE 60 on page 130, between lines 9 and 10
Adds a sectionPrinted pageInserted: SEC. 642. ELIGIBILITY FOR REDUCED NON-REGULAR SERVICE RETIRED PAY BEFORE AGE 60.
Inserted: (a) Eligibility Beginning at Age 55.--Section 12731(a)(1) of title 10, United States Code, is amended by striking "60 years of age" and inserting "55 years of age".
Inserted: (b) Reduced Retired Pay When Commenced Before Age 60.--Section 12739 of such title is amended--
Inserted: (1) in subsection (a), by inserting ", subject to subsection (d)," after "this chapter is";
Inserted: (2) by redesignating subsection (d) as subsection (e); and
Inserted: (3) by inserting after subsection (c) the following new subsection (d):
Inserted: "(d) In the case of a person to whom payment of retired pay under this chapter commences after the person attains 55 years of age and before the person attains 60 years of age, the total amount of the monthly retired pay computed under subsections (a), (b), and (c) shall be reduced by the percentage specified for the age of the person when payment of the retired pay commences, as follows:
Inserted: "Age (in years) when Percentage by which retired pay is to be reduced:
Inserted: 55..........................................................12.5 ....
Inserted: 56...........................................................9.0 ....
Inserted: 57...........................................................6.0 ....
Inserted: 58...........................................................3.5 ....
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Inserted: 59........................................................1.5.".....
Inserted: (c) Continuation of Age 60 as Minimum Age for Eligibility for Uniformed Services Health Benefits.--Section 1074(b) of title 10, United States Code, is amended--
Inserted: (1) by inserting "(1)" after "(b)"; and
Inserted: (2) by adding at the end the following new paragraph:
Inserted: "(2) Paragraph (1) does not apply to a member or former member entitled to retired pay for non-regular service under chapter 1223 of this title who is under 60 years of age.".
Inserted: (d) Effective Date.--This section and the amendments made by this section shall take effect on the first day of the first month that begins more than 180 days after the date of the enactment of this Act.
Original wording
On page 130, between lines 9 and 10, insert the following:
Read automatically from the Congressional Record. Check the original before relying on it.
As printed
SA 3223. Mr. CHAMBLISS submitted an amendment intended to be proposed by him to the bill S. 2400, to authorize appropriations for fiscal year 2005 for military activities of the Department of Defense, for military construction, and for defense activities of the Department of Energy, to prescribe personnel strengths for such fiscal year for the Armed Services, and for other purposes; which was ordered to lie on the table; as follows:
On page 130, between lines 9 and 10, insert the following:
SEC. 642. ELIGIBILITY FOR REDUCED NON-REGULAR SERVICE RETIRED PAY BEFORE AGE 60.
(a) Eligibility Beginning at Age 55.--Section 12731(a)(1) of title 10, United States Code, is amended by striking “60 years of age” and inserting “55 years of age”.
(b) Reduced Retired Pay When Commenced Before Age 60.--Section 12739 of such title is amended--
(1) in subsection (a), by inserting “, subject to subsection (d),” after “this chapter is”;
(2) by redesignating subsection (d) as subsection (e); and
(3) by inserting after subsection (c) the following new subsection (d):
“(d) In the case of a person to whom payment of retired pay under this chapter commences after the person attains 55 years of age and before the person attains 60 years of age, the total amount of the monthly retired pay computed under subsections (a), (b), and (c) shall be reduced by the percentage specified for the age of the person when payment of the retired pay commences, as follows:
“Age (in years) when Percentage by which retired pay is to be reduced:
55..........................................................12.5 ....
56...........................................................9.0 ....
57...........................................................6.0 ....
58...........................................................3.5 ....
59........................................................1.5.”.....
(c) Continuation of Age 60 as Minimum Age for Eligibility for Uniformed Services Health Benefits.--Section 1074(b) of title 10, United States Code, is amended--
(1) by inserting “(1)” after “(b)”; and
(2) by adding at the end the following new paragraph:
“(2) Paragraph (1) does not apply to a member or former member entitled to retired pay for non-regular service under chapter 1223 of this title who is under 60 years of age.”.
(d) Effective Date.--This section and the amendments made by this section shall take effect on the first day of the first month that begins more than 180 days after the date of the enactment of this Act.
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Senate amendment submitted
May 19, 2004