The monthly retired pay of a person entitled thereto under this subtitle is computed according to the following table. For each case covered by a section of this title named in the column headed “For sections”, retired pay is computed by taking, in order, the steps prescribed opposite it in columns 1, 2, and 3, as modified by the applicable footnotes.
Formula No. | For sections | Column 1 Take | Column 2 Multiply by | Column 3 Add |
|---|
1 Before applying percentage factor, credit each full month of service that is in addition to the number of full years of service creditable to the member as one-twelfth of a year and disregard any remaining fractional part of a month. |
1 | 1201 1204 | Retired pay base as computed under section 1406(b) or 1407. | As member elects— (1) the retired pay multiplier determined for the member under section 1409 of this title; 1 or (2) the percentage of disability, not to exceed 75%, on date when retired. | |
2 | 1202 1205 | Retired pay base as computed under section 1406(b) or 1407. | As member elects— (1) the retired pay multiplier determined for the member under section 1409 of this title; 1 or (2) the percentage of disability, not to exceed 75%, on date when his name was placed on temporary disability retired list. | Amount necessary to increase product of columns 1 and 2 to 50% of retired pay base upon which computation is based. |
4 | 580 1263 1293 1305 | Retired pay base as computed under section 1406(b) or 1407. | The retired pay multiplier prescribed in section 1409 for the years of service credited to him under section 1405. | |
5 | 633 634 635 636 1251 1252 1253 | Retired pay base as computed under section 1406(b) or 1407. | The retired pay multiplier prescribed in section 1409 for the years of service credited to him under section 1405. | |