FEDERAL · 33 U.S.C. · Chapter 43

Separation pay

Current through Pub. L. 119-102
Title 33Navigation and Navigable Waters·Ch. 43 — NATIONAL OCEANIC AND ATMOSPHERIC ADMINISTRATION COMMISSIONED OFFICER CORPS·Subch. III
(a)Authorization of payment An officer who is separated under section 3041(a)(2) of this title and who has completed more than three years of continuous active service immediately before that separation is entitled to separation pay computed under subsection (b) unless the Secretary determines that the conditions under which the officer is separated do not warrant payment of that pay.
(b)Amount of separation pay
(1)Six or more years In the case of an officer who has completed six or more years of continuous active service immediately before that separation, the amount of separation pay to be paid to the officer under this section is 10 percent of the product of—
(A)the years of active service creditable to the officer; and
(B)12 times the monthly basic pay to which the officer was ent

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33 U.S.C. § 3042 (Separation pay) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Related

§ 3041
33 U.S.C. § 3041
§ 1174
10 U.S.C. § 1174

Source Credit

History

(Pub. L. 107–372, title II, §242, Dec. 19, 2002, 116 Stat. 3088; Pub. L. 116–259, title IV, §402, Dec. 23, 2020, 134 Stat. 1178.)

Editorial Notes

Editorial Notes

Prior Provisions
Provisions similar to those in this section were contained in section 853h of this title prior to repeal by Pub. L. 107–372.

Amendments
2020—Subsec. (d). Pub. L. 116–259 added subsec. (d).