
From the U.S. Code Online via GPO Access
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[Laws in effect as of January 2, 2001]
[Document not affected by Public Laws enacted between
  January 2, 2001 and January 28, 2002]
[CITE: 14USC424]

 
                          TITLE 14--COAST GUARD
 
                       PART I--REGULAR COAST GUARD
 
                          CHAPTER 11--PERSONNEL
 
                           GENERAL PROVISIONS
 
Sec. 424. Limitations on retirement and retired pay

    (a) The provisions of any section of this title shall not be 
construed so as to prevent any member from being placed on the retired 
list with the highest grade or rate and the highest retired pay to which 
the member may be entitled under the provisions of any other section of 
this title or under any other law.
    (b) In no case may the retired pay of a member exceed 75 percent of 
(1) the sum of the active-duty pay and all permanent additions thereto 
(including longevity credit to which the member is entitled) of the 
grade or rate on which the member's pay is computed, or (2) the retired 
pay base determined under section 1407 of title 10, as appropriate.

(Aug. 4, 1949, ch. 393, 63 Stat. 525; Pub. L. 98-557, Sec. 15(a)(3)(A), 
Oct. 30, 1984, 98 Stat. 2865; Pub. L. 99-348, title II, Sec. 205(b)(11), 
July 1, 1986, 100 Stat. 700.)


                      Historical and Revision Notes

    The two provisions of this section are considered desirable as 
safeguards to eliminate any possible misconstruction of situations 
relating to retirement and retired pay in respect to the two points 
covered. 81st Congress, House Report No. 557.


                               Amendments

    1986--Pub. L. 99-348 amended section generally. Prior to amendment, 
section read as follows: ``The provisions of any section of this title 
shall not be construed so as to prevent any officer or enlisted member 
from being placed on the retired list with the highest grade or rating 
and the highest retired pay to which such officer or enlisted member may 
be entitled under the provisions of any other section of this title or 
under the provisions of any other law. In no case shall the retired pay 
of an officer or enlisted member exceed 75 percent of the sum of the 
active-duty pay and all permanent additions thereto, including longevity 
credit to which the officer or enlisted member concerned is entitled, of 
the grade or rating on which his pay is computed.''
    1984--Pub. L. 98-557 substituted reference to enlisted member for 
reference to enlisted man in four places.
