S.Amdt. 4173

SA 4173. Mr. REID submitted an amendment intended to be proposed by
him to the bill S. 2943, to authorize appropriations for fiscal year
2017 for military activities of the Department of Defense, for military
construction, and for defense activities of the Department of Energy,
to prescribe military personnel strengths for such fiscal year, and for
other purposes; which was ordered to lie on the table; as follows:

At the end of part II of subtitle D of title V, add the
following:

SEC. ___. STANDARDIZATION OF AMOUNTS RECEIVABLE BY DISABILITY
RETIREES WITH LESS THAN 20 YEARS OF SERVICE
UNDER COMBAT-RELATED SPECIAL COMPENSATION AND
CONCURRENT RECEIPT OF RETIRED PAY AND VETERANS'
DISABILITY COMPENSATION.

(a) Standardization of Similar Provisions.--Paragraph (2)
of section 1414(b) of title 10, United States Code, is
amended to read as follows:
``(2) Special rule for retirees with fewer than 20 years of
service.--The retired pay of a qualified retiree who is
retired under chapter 61 of this title with fewer than 20
years of creditable service is subject to reduction by the
lesser of--
``(A) the amount of the reduction under sections 5304 and
5305 of title 38; or
``(B) the amount (if any) by which the amount of the
member's retired pay under such chapter exceeds the amount
equal to 2\1/2\ percent of the member's years of creditable
service multiplied by the member's retired pay base under
section 1406(b)(1) or 1407 of this title, whichever is
applicable to the member.''.
(b) Effective Date.--The amendment made by subsection (a)
shall take effect on July 1, 2017, and shall apply to
payments for months beginning on or after that date.
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