Summary: H.R.14980 — 93rd Congress (1973-1974)All Information (Except Text)

There is one summary for H.R.14980. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (05/22/1974)

Provides for the recomputation of military retirement benefits.

Provides that a member or former member of a uniformed service: (1) who is sixty years of age or older, and is retired for reasons other than physical disability, whose disability is finally determined to be of a permanent nature and less than 30 percent under the disability rating system, and is entitled to retired pay computed under the rates of basic pay in effect before January 1, 1972; or (2) who is entitled to retired pay for physical disability, whose disability was finally determined to be of permanent nature and at least 30 percent under the schedule of rating disabilities, and whose retired pay is computed under rates of basic pay in effect after October 11, 1949 and before January 1, 1972, is entitled to have that pay recomputed upon the rates of basic pay in effect on January 1, 1972.