RETIRED PAY INVERSIONS RESULTING FROM COURT-MARTIAL PUNISHMENT

SEC. 622. RETIRED PAY INVERSIONS RESULTING FROM COURT-MARTIAL PUNISHMENT (a) In General.—Section 1401a(f) of title 10, United States Code, is amended by inserting after the second sentence the following: “However, in the case of a member who, after initially becoming eligible for retired pay, is reduced in grade pursuant to a sentence of a court-martial, such computation may not be based on a grade higher than the grade in which the member is retired.”. (b) Effective Date.—The amendment made by subsection (a) shall take effect on the first day of the first month that begins after the date of the enactment of this Act and shall apply to the computation of the retired or retainer pay of members who initially become entitled to such pay on or after such effective date.