Title 10, Armed ForcesRelease 119-110
§1412 Administrative Provisions
Title 10 › Subtitle A — General Military Law › PART II — PERSONNEL › CHAPTER 71 — COMPUTATION OF RETIRED PAY › § 1412
Summary
Round cents down; pay retired and retainer pay to retired uniformed-service members on the first of each month beginning the month after accrual.
Full Legal Text
Title 10, §1412
Armed Forces, Source: USLM XML via OLRC
(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.
Legislative History
Notes & Related Subsidiaries
Editorial Notes
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).
Statutory Notes and Related Subsidiaries
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].”
Reference
Citations & Metadata
Citation
10 U.S.C. § 1412
Title 10, Armed Forces
Last Updated
Sep 22, 2026
Release point: 119-110