§ 4418. SEPARATION PAY.
283 words·~1 min read·
/usc/title-10/section-4418A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Eligibility .— Subject to section 4415, a member of the Selected Reserve who, after completing at least 6 years of service computed under section 12732 of title 10 , United States Code, and before completing 15 years of service computed under that section, is involuntarily discharged from a reserve component of the Armed Forces or is involuntarily transferred from the Selected Reserve during the force reduction transition period is entitled to separation pay. Amount of Separation Pay .— The amount of separation pay which may be paid to a person under this section is 15 percent of the product of— the years of service credited to that person under section 12733 of title 10 , United States Code; and 62 times the daily equivalent of the monthly basic pay to which the person would have been entitled had the person been serving on active duty at the time of the person’s discharge or transfer.
In the case of a person who receives separation pay under this section and who later receives basic pay, compensation for inactive duty training, or retired pay under any provision of law, such basic pay, compensation, or retired pay, as the case may be, shall be reduced by 75 percent until the total amount withheld through such reduction equals the total amount of the separation pay received by that person under this section. Relationship to Other Service-Related Pay .— Subsections
(g)and
(h)of section 1174 of title 10 , United States Code, shall apply to separation pay under this section. Regulations .— The Secretary of Defense shall prescribe regulations, which shall be uniform for the Army, Navy, Air Force, and Marine Corps, for the administration of this section.