A bill to authorizes adjustment in the annuities payable under subchapter I of chapter 73 of title 10, United States Code, whenever retired or retainer pay is increased under section 1401a of that title.

Authorizes increases in the annuities paid under the retired servicemen's family protection plan whenever there is an increase in retired or retainter pay of members of the Armed Forces. (Adds 10 U.S.C. 1434(e))