Page:United States Statutes at Large Volume 117.djvu/1531

 117 STAT. 1512

PUBLIC LAW 108–136—NOV. 24, 2003

‘‘(c) PHASE-IN OF FULL CONCURRENT RECEIPT.—During the period beginning on January 1, 2004, and ending on December 31, 2013, retired pay payable to a qualified retiree shall be determined as follows: ‘‘(1) CALENDAR YEAR 2004.—For a month during 2004, the amount of retired pay payable to a qualified retiree is the amount (if any) of retired pay in excess of the current baseline offset plus the following: ‘‘(A) For a month for which the retiree receives veterans’ disability compensation for a disability rated as total, $750. ‘‘(B) For a month for which the retiree receives veterans’ disability compensation for a disability rated as 90 percent, $500. ‘‘(C) For a month for which the retiree receives veterans’ disability compensation for a disability rated as 80 percent, $350. ‘‘(D) For a month for which the retiree receives veterans’ disability compensation for a disability rated as 70 percent, $250. ‘‘(E) For a month for which the retiree receives veterans’ disability compensation for a disability rated as 60 percent, $125. ‘‘(F) For a month for which the retiree receives veterans’ disability compensation for a disability rated as 50 percent, $100. ‘‘(2) CALENDAR YEAR 2005.—For a month during 2005, the amount of retired pay payable to a qualified retiree is the sum of— ‘‘(A) the amount specified in paragraph (1) for that qualified retiree; and ‘‘(B) 10 percent of the difference between (i) the current baseline offset, and (ii) the amount specified in paragraph (1) for that member’s disability. ‘‘(3) CALENDAR YEAR 2006.—For a month during 2006, the amount of retired pay payable to a qualified retiree is the sum of— ‘‘(A) the amount determined under paragraph (2) for that qualified retiree; and ‘‘(B) 20 percent of the difference between (i) the current baseline offset, and (ii) the amount determined under paragraph (2) for that qualified retiree. ‘‘(4) CALENDAR YEAR 2007.—For a month during 2007, the amount of retired pay payable to a qualified retiree is the sum of— ‘‘(A) the amount determined under paragraph (3) for that qualified retiree; and ‘‘(B) 30 percent of the difference between (i) the current baseline offset, and (ii) the amount determined under paragraph (3) for that qualified retiree. ‘‘(5) CALENDAR YEAR 2008.—For a month during 2008, the amount of retired pay payable to a qualified retiree is the sum of— ‘‘(A) the amount determined under paragraph (4) for that qualified retiree; and

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