PERMANENT AUTHORITY TO REDUCE THREE-YEAR TIME-IN-GRADE REQUIREMENT FOR RETIREMENT IN GRADE FOR OFFICERS IN GRADES ABOVE MAJOR AND LIEUTENANT COMMANDER.

SEC. 506. PERMANENT AUTHORITY TO REDUCE THREE-YEAR TIME-IN-GRADE REQUIREMENT FOR RETIREMENT IN GRADE FOR OFFICERS IN GRADES ABOVE MAJOR AND LIEUTENANT COMMANDER.(a) Active Component Officers.—Subsection (a)(2)(A) of section 1370 of title 10, United States Code, is amended by striking “in the case of retirements effective during the period beginning on October 1, 2002, and ending on December 31, 2003”.(b) Reserve Component Officers.—Subsection (d)(5)(A) of such section is amended by striking “2 years” and all that follows and inserting “two years.”.117 STAT. 1458