10-U.S.C.-1412

§1412 – Administrative Provisions

Pathway

Title 10 > Subtitle A > Part II > Chapter 71 > Section 1412

Details

• Reference: Section 1412
• Legend: §1412 – Administrative Provisions
• USCode Year: 2013

Provision Content

(a) Rounding.—Amounts computed under this chapter, if not a multiple of $1, shall be rounded to the next lower multiple of $1.

(b) Payment Date.—Amounts of retired pay and retainer pay due a retired member of the uniformed services shall be paid on the first day of each month beginning after the month in which the right to such pay accrues.

(Added Pub. L. 99–348, title I, §105, July 1, 1986, 100 Stat. 691; amended Pub. L. 111–383, div. A, title VI, §632(a), (b)(1), Jan. 7, 2011, 124 Stat. 4240.)

Amendments

2011—Pub. L. 111–383, §632(b)(1), substituted Administrative provisions for Rounding to next lower dollar in section catchline.

Pub. L. 111–383, §632(a), designated existing provisions as subsec. (a), inserted heading, and added subsec. (b).

Effective Date of 2011 Amendment

Pub. L. 111–383, div. A, title VI, §632(c), Jan. 7, 2011, 124 Stat. 4240, provided that: Subsection (b) of section 1412 of title 10, United States Code, as added by subsection (a), shall apply beginning with the first month that begins more than 30 days after the date of the enactment of this Act [Jan. 7, 2011].

U.S. Encyclopedia of Law Coverage

10-U.S.C.-1401 in the Legal Encyclopedia: General Military Law

In this entry about 10-U.S.C.-1401, find legal reference material, bibliographies and premiere content related to general military law in the American Encyclopedia of Law, presenting a comprehensive view of the United States general military law-specific issues, written by authorities in the field.

10-U.S.C.-1404 in the Legal Encyclopedia: Retirement

In this entry about 10-U.S.C.-1404, find legal reference material, bibliographies and premiere content related to retirement in the American Encyclopedia of Law, presenting a comprehensive view of the United States retirement-specific issues, written by authorities in the field.

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