DODD 7000.14-R VOL 7B CHAP 8
BASIC PAY RATES, LEGISLATIVE AND COST-OFLIVING ADJUSTMENTS TO RETIRED PAY
| Organization: | DODD |
| Publication Date: | 1 September 2012 |
| Status: | active |
| Page Count: | 62 |
scope:
PURPOSE
Accuracy of Retired Pay
Information in this chapter enables the reader to determine the accuracy of a member's current retired pay through a history of basic pay rates, retired pay increases, and the application of special provisions in determining retired pay since October 1949. Retired pay for members who have entered a Uniformed Service after September 7, 1980 is computed using a retired or retainer pay base. See Chapter 3 for gross pay computation. This chapter explains the effect of legislative and Cost-of-Living Adjustments (COLA) on retired pay that has been computed using a retired or retainer pay base.
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