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2026-07-06 10:51:44 -04:00

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LegalText 38 U.S.C. § 5123 Rounding down of pension rates us united_states_code code_section 38 VETERANS BENEFITS 51 CLAIMS, EFFECTIVE DATES, AND PAYMENTS 5123 38 U.S.C. § 5123 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc38@119-100.zip /us/usc/t38/s5123 data/legal/raw/us/code/title-38/usc38.xml 20b8c76e841a8430fc430e9e8aefeec51b0e06d6bca97f321a64dd25e32db187 372998691b72ade88787dfa7633dbda4954bd1b037ec7926c5e06e9b1d17fc66 6e61a180f082eab7009cd5e69b2bf1a94788fd9c4921245a58a27c8dfd9af98c 2026-07-04 official
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38 U.S.C. § 5123 - Rounding down of pension rates

Text

The monthly or other periodic rate of pension payable to an individual under section 1521, 1541, or 1542 of this title or under section 306(a) of the Veterans and Survivors Pension Improvement Act of 1978 (Public Law 95588), if not a multiple of $1, shall be rounded down to the nearest dollar.

(Added Pub. L. 97253, title IV, § 403(a)(1), Sept. 8, 1982, 96 Stat. 802, § 3023; renumbered § 5123, Pub. L. 10240, title IV, § 402(b)(1), May 7, 1991, 105 Stat. 238; amended Pub. L. 10283, § 5(c)(1), Aug. 6, 1991, 105 Stat. 406.)

Notes

Editorial Notes

References in TextSection 306(a) of the Veterans and Survivors Pension Improvement Act of 1978 (Public Law 95588), referred to in text, is section 306(a) of Pub. L. 95588, title III, Nov. 4, 1978, 92 Stat. 2508, which is set out as a note under section 1521 of this title.

Prior ProvisionsPrior sections 5201 to 5228 were renumbered sections 8501 to 8528 of this title, respectively.

Amendments1991—Pub. L. 10240 renumbered section 3023 of this title as this section. Pub. L. 10283 substituted “1521, 1541, or 1542” for “521, 541, or 542”.

Statutory Notes and Related Subsidiaries

Effective DateSection 403(b) of Pub. L. 97253, as amended by Pub. L. 9821, title I, § 111(e), Apr. 20, 1983, 97 Stat. 73; Pub. L. 98369, div. B, title VI, § 2662(j), July 18, 1984, 98 Stat. 1160, provided that: “(1) Except as provided in paragraph (2), the amendment made by subsection (a)(1) [enacting this section] shall apply with respect to amounts payable for periods beginning after May 31, 1983. “(2) In the cases of individuals to whom pension is payable under sections 521, 541, and 542 [now 1521, 1541, and 1542] of title 38, United States Code, the amendment made by subsection (a)(1) shall take effect on the first day after May 31, 1983, that an increase is made in maximum annual rates of pension pursuant to section 3112 [now 5312] of title 38, United States Code.”