Pub. L. 83-773, tit. IV, sec. 412

Sec. 412. (a) A Reserve officer not previously transferred to the Retired Reserve shall be so transferred on the date on which he becomes sixty-two years of age. However, a Reserve officer initially appointed prior to January 1, 1953, who cannot complete twenty years of satisfactory Federal service for retirement purposes by age sixty-two, but can complete such service by age sixty-four, may be retained in an active status not later than the date on which he becomes sixty-four years of age. (b) Notwithstanding the provisions of subsection (a), the Secretary may authorize and designate a flag or general officer to be retained in an active status until he becomes sixty-four years of age. However, not more than such ten officers of the Naval Reserve and Marine Corps Reserve may be so retained in an active status at any one time, distributed between the Naval Reserve and Marine Corps Reserve as the Secretary may determine.