A bill to amend section 1402(a) of title 10, United States Code, to revise the rule for computation of retired or retainer pay to reflect later active duty.

Revises the method of computing retired or retainer pay for members of the armed forces who were later called to active duty before October 1, 1973, and served on active duty for at least two years. (Amends 10 U.S.C. 1402)