A bill to amend chapter 67 of title 10, United States Code (relating to retired pay for nonregular service), to authorize payment to persons otherwise eligible, at age 55, and in reduced amounts to such persons who are at least 50 but less than 55 years of age.

[AI summary unavailable — showing source text] Authorizes the payment of retired pay for non-Regular service to Armed Services personnel otherwise eligible, at age 55, and in reduced amounts to such persons who are at least 50 but less than 55 years of age. (Amends 10 U.S.C. 1331(a), 1335(a)).…