A bill to amend title 10, United States Code, to provide severance pay for enlisted members of the Armed Forces who are involuntarily separated from the Armed Forces with more than 5 and less than 20 years of service.

Entitles enlisted members of an armed force who have five years or more, but less than 20 years, of creditable service and who are involuntarily discharged or denied reenlistment to severance pay. Sets forth the method for computing such pay.