§ 12741.
Retirement for service in an active status performed in the Selected Reserve of the Ready Reserve after eligibility for regular retirement
(b)
Actions To Effectuate Election.—
As of the effective date of an election made by a person under subsection (a), the Secretary concerned shall—
(1)
terminate the eligibility of the person to retire under chapter 65, 741, 841, or 941 of this title, if the person is not already retired under one of those chapters, and terminate entitlement of the person to retired or retainer pay under one of those chapters, if the person was already receiving retired or retainer pay under one of those chapters; and
(2)
in the case of a reserve commissioned officer, transfer the officer to the Retired Reserve.
(c)
Time and Form of Election.—
An election under subsection (a) shall be made within such time and in such form as the Secretary concerned requires.
(d)
Effective Date of Election.—
An election made by a person under subsection (a) shall be effective—
(1)
except as provided in paragraph (2)(B), as of the date on which the person attains the eligibility age applicable to the person under
section 12731(f) of this title, if the Secretary concerned receives the election in accordance with this section within 180 days after that date; or
(2)
on the first day of the first month that begins after the date on which the Secretary concerned receives the election in accordance with this section, if—
(A)
the date of the receipt of the election is more than 180 days after the date on which the person attains the eligibility age applicable to the person under such section; or
(B)
the person retires from service in an active status within that 180-day period.
(Added [Pub. L. 106–398, § 1 [[div. A]], title VI, § 653(a)(1)], Oct. 30, 2000, [114 Stat. 1654], 1654A–164; amended [Pub. L. 107–107, div. A, title X, § 1048(a)(31)], Dec. 28, 2001, [115 Stat. 1225]; [Pub. L. 109–364, div. A, title X, § 1071(a)(41)], Oct. 17, 2006, [120 Stat. 2400]; [Pub. L. 111–84, div. A, title VI, § 643(a)]–(c), (e)(1), Oct. 28, 2009, [123 Stat. 2366], 2367; [Pub. L. 115–232, div. A, title VIII, § 809(a)], Aug. 13, 2018, [132 Stat. 1840].)