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LegalText 10 U.S.C. § 1463 Payments from the Fund us united_states_code code_section 10 ARMED FORCES 74 DEPARTMENT OF DEFENSE MILITARY RETIREMENT FUND 1463 10 U.S.C. § 1463 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc10@119-100.zip /us/usc/t10/s1463 data/legal/raw/us/code/title-10/usc10.xml 8e9157c621c2e6eb5fb218a4606b8dcf8681ee61e1483204cee3e42a310a576a 06a2679d38355c44f4219c983fdad34009233205d6ba271593a4c1b17a739ec1 66faf09dc1857f4b91bf877e584ccbea2ccc6bba06dd33b3036c3e2b94034e3d 2026-07-04 official
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10 U.S.C. § 1463 - Payments from the Fund

Text

(a) There shall be paid from the Fund—

(1) retired pay payable to members on the retired lists of the Army, Navy, Air Force, Marine Corps, and Coast Guard, and Space Force 11 See 2021 Amendment notes below. and payments under section 1413a, 1414, or 1415 of this title paid to such members;

(2) retired pay payable under chapter 1223 of this title to former members of the armed forces;

(3) retainer pay payable to members of the Fleet Reserve and Fleet Marine Corps Reserve;

(4) benefits payable under programs under the jurisdiction of the Department of Defense and the Department of Homeland Security that provide annuities for survivors of members and former members of the armed forces, including chapter 73 of this title, section 4 of Public Law 92425, and section 5 of Public Law 96402; and

(5) amounts payable under section 1408(h) of this title.

(b) The assets of the Fund are hereby made available for payments under subsection (a).

(Added Pub. L. 9894, title IX, § 925(a)(1), Sept. 24, 1983, 97 Stat. 645; amended Pub. L. 101189, div. A, title VI, § 651(c), Nov. 29, 1989, 103 Stat. 1460; Pub. L. 102484, div. A, title VI, § 653(b)(2), Oct. 23, 1992, 106 Stat. 2428; Pub. L. 10335, title II, § 202(a)(4), May 31, 1993, 107 Stat. 101; Pub. L. 104106, div. A, title XV, § 1501(c)(18), Feb. 10, 1996, 110 Stat. 499; Pub. L. 107296, title XVII, § 1704(b)(1), Nov. 25, 2002, 116 Stat. 2314; Pub. L. 108136, div. A, title VI, § 641(c)(2), Nov. 24, 2003, 117 Stat. 1515; Pub. L. 108375, div. A, title X, § 1084(d)(11), Oct. 28, 2004, 118 Stat. 2062; Pub. L. 11492, div. A, title VI, § 633(a)(3), Nov. 25, 2015, 129 Stat. 850; Pub. L. 116283, div. A, title IX, § 924(b)(1)(L), div. G, title LVXXXII [LXXXII], § 8223, Jan. 1, 2021, 134 Stat. 3820, 4658; Pub. L. 11781, div. A, title X, § 1081(a)(17), Dec. 27, 2021, 135 Stat. 1920.)

Notes

Editorial Notes

References in TextSection 4 of Public Law 92425, referred to in subsec. (a)(4), is set out as a note under section 1448 of this title. Section 5 of Public Law 96402, referred to in subsec. (a)(4), is set out as a note under section 1448 of this title.

Amendments2021—Subsec. (a)(1). Pub. L. 116283, § 8223(1), which directed substitution of “Marine Corps, and Coast Guard” for “and Marine Corps”, was executed by making the substitution for “Marine Corps” to reflect the probable intent of Congress and the intervening amendment by Pub. L. 116283, § 924(b)(1)(L). See below. Pub. L. 116283, § 924(b)(1)(L), substituted “Marine Corps, and Space Force” for “and Marine Corps”. Subsec. (a)(2). Pub. L. 116283, § 8223(2), struck out “(other than retired pay payable by the Secretary of Homeland Security)” after “armed forces”. Subsec. (a)(4). Pub. L. 11781 substituted “Homeland Security that provide” for “Homeland Security that that provide”. Pub. L. 116283, § 8223(3), inserted “and the Department of Homeland Security that” after “Department of Defense”. 2015—Subsec. (a)(1). Pub. L. 11492 substituted “, 1414, or 1415” for “or 1414”. 2004—Subsec. (a)(1). Pub. L. 108375 substituted “1413a” for “1413, 1413a,”. 2003—Subsec. (a)(1). Pub. L. 108136 inserted before semicolon at end “and payments under section 1413, 1413a, or 1414 of this title paid to such members”. 2002—Subsec. (a)(2). Pub. L. 107296 substituted “of Homeland Security” for “of Transportation”. 1996—Subsec. (a)(2). Pub. L. 104106 substituted “chapter 1223” for “chapter 67”. 1993—Subsec. (a)(5). Pub. L. 10335 made technical amendment to directory language of Pub. L. 102484, § 653(b)(2). See 1992 Amendment note below. 1992—Subsec. (a). Pub. L. 102484, as amended by Pub. L. 10335, added par. (5). 1989—Subsec. (a). Pub. L. 101189 substituted “members” for “persons” in par. (1), added par. (2), and redesignated former pars. (2) and (3) as (3) and (4), respectively.

Statutory Notes and Related Subsidiaries

Effective Date of 2015 Amendment; ImplementationAmendment by Pub. L. 11492 effective Jan. 1, 2018, with certain implementation requirements, see section 635 of Pub. L. 11492, set out as a note under section 8432 of Title 5, Government Organization and Employees.

Effective Date of 2003 AmendmentAmendment by Pub. L. 108136 effective Oct. 1, 2003, with Secretary of Defense to provide for certain administrative adjustments, see section 641(c)(6) of Pub. L. 108136, set out as a note under section 1413a of this title.

Effective Date of 2002 AmendmentAmendment by Pub. L. 107296 effective on the date of transfer of the Coast Guard to the Department of Homeland Security, see section 1704(g) of Pub. L. 107296, set out as a note under section 101 of this title.

Effective Date of 1996 AmendmentPub. L. 104106, div. A, title XV, § 1501(c), Feb. 10, 1996, 110 Stat. 498, provided that the amendment made by that section is effective as of Dec. 1, 1994, and as if included as an amendment made by the Reserve Officer Personnel Management Act, title XVI of Pub. L. 103337, as originally enacted.

Effective Date of 1993 AmendmentAmendment by Pub. L. 10335 applicable as if included in the enactment of Pub. L. 102484, see section 202(b) of Pub. L. 10335, set out as a note under section 155 of this title.

Effective DatePub. L. 9894, title IX, § 925(b)(2), Sept. 24, 1983, 97 Stat. 648, provided that: “Sections 1463 (relating to payments from the Fund) and 1466 (relating to payments to the Fund) of title 10, United States Code, as added by subsection (a), shall take effect on October 1, 1984.”