A bill to amend section 511 of the Career Compensation Act of 1949, as amended, to equalize the retired pay of certain officers of the uniformed services retired prior to October 1, 1949, under the same law and with the same service, as those retired after September 30, 1949, but prior to June 1, 1958.

Entitles officers of the uniformed services who have retired before October 1, 1949, and who have been granted retired pay pursuant to specified provisions of Federal law to the same amount of retired pay which officers are entitled to who retired after September 30, 1949, but prior to June 1, 1958, under the same law and with the retired pay based on the same pay grade, years of service for pay and years of service for retired pay which was credited to them at the time of retirement.