Summary

Allows more military retirees to receive both their military retired pay and Department of Veterans Affairs disability compensation at the same time. The change expands eligibility to include retirees with service-connected disability ratings below 50% and clarifies how retired pay is reduced for disability retirees with under 20 years of service; it also makes conforming edits and sets the change to take effect on the first day of the first month after enactment.

Key Points

• Expands eligibility to receive both military retired pay and VA disability compensation to include retirees with disability ratings below 50%.
• Clarifies how retired pay is reduced for disability retirees with less than 20 years of service.
• Makes conforming and clerical edits to 10 U.S.C. 1414 and related cross-references.
• Takes effect on the first day of the first month after enactment (no retroactive application stated).
• Will increase concurrent benefit payments, requiring DoD and VA administrative updates and likely increasing federal outlays.

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