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14

Annual retirement disbursements starting in fiscal year 1973 for the present system with various recomp. proposals-Continued

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' l-time recomp. for all on retired rolls when legislation enacted; thereafter CPI adjustments only; future retirees CPI adjustments only.

l-time recomp. to 721

Present system

Annual

Difference

Fiscal year

1973
1974
1975.
1976.
1977
1980
1990
2000
Cumulative to fiscal year 2000-

$4, 339
4. 758
5. 210
5. 732
6. 274
7. 975
13. 916
21. 662
339. 310

$5. 328
5. 739
6: 190
6. 708
7. 247
8. 929
14. 712
22. 160
362. 282

$0.989

.981
:980
. 976
973
954
: 796

. 498
22. 972

? Recomp. restored for all at age 60; CPI adjustments until that age.

3 Recomp. restored for all at age 6.3; CPI adjustments until that age. * Recomp. restored for disability retirees only.

15

RETIRED PAY ADJUSTMENTS UNDER THE CPI FORMULA

Adjustments of Retired/Retainer Pay for Uniformed Services-10

U.S.C. 1401a Background.-Prior to 1 June 1958 retired pay of military personnel was computed on the basic pay of a member on active duty of equal grade and service. When basic pay was increased retired pay was correspondingly increased. P.L. 35–422 departed from this practice and on 1 June 1958 increased retired jay for all personnel by 6%. P.L. 88–132, 2 October 1963 established the principle of adjusting retired pay based on the Consumer Price Index (CPI). Under that law when the arerage CPI for a calendar year had increased by 3.0 or more above the CPI at the time of that last adjustment, retired pay would be increased by that percentage (rounded to the nearest tenth of one percent) effective 1 April of the following year. P.L. 89-132, 21 August 1965 modified that formula to provide that when the monthly CPI increased by 3% over the CPI at the last adjustment and sustained that level for three consecutive months, retired pay would be adjusted to the higest percent of increase in that three month period, effective on the first day of the third month following that period. P.L. 89–1:32 increased retired pay by 4.4% based on the CPI for September 1965. P.L. 90–207, 16 December 1967, further refined the retired pay adjustment formula (a) to insure that persons with the same grade, length of service and basic pay at the time of retirement received the same retired pay; (b) persons retired after an increase in basic pay rates will, at the first ensuing retired pay increase, receive an increase equal to the percent of increase in the CPI between the month preceding that basic pay increase and the month which was the basis for the retired pay increase (Base Index month). Effective 1 November 1969, P.L. 91-179 further amended the formula to provide that 1% would be added to the computed CPI percentage adjustment.

Retired pay increase since June 1, 1958

[Numbers in parentheses are the percentage increases in retired pay referred to in

(b) above)

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Summary for month of August 1972
(Pertinent monthly CPI's and percentage increases above the base CPI)

Month

CPI

Percent change

13. 756

.32

April 1972 (new base CPI).
May 1972
June 1972
July 1972.
August 1972

124. 3 124. 7 125. 0 125. 5 125. 7

56 .97 1. 13

1 Or 3.8.

16

Number of military personnel retired from active duty and receiving retired pay on June 30, 1971,

by age on ihat dale-Department of Defense

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17. 18 19. 20 21 22.

$353

74 106

95 110 111

$353

74 108

95 110 111 117 124 138

23

117

124 136 149 163 166 179 103 194 197 204 194 209

165 166 179 143 193 190 191 181 183 188 191 203

217

254 285

302

220

24 25. 26 27 28. 29 30 31 32 33. 34 35 36 37 38 39 40 41 42 43 44 45 46. 47 48 49 50 61 52 33 54 55 56 57 88 59

305 305 308 311

311

1 8 98 406 1, 153 2, 407 3,638 4, 202 3,100 2, 142 1,923 1,730 1,553 1,271 1,068 1.028 1, 245 1, 221 1, 484 1,546 2,913 6.256 13, 377 22, 929 34,904 36, 444 35, 302 30, 755 28, 693 31, 287 34,595 34,518 36,726 42, 226 41. 206 38, 249 37, 010 31, 523 24, 815 23, 461 19.371 16, 135 13,527 14, 216 15, 6496 14,30 13, 424 12, 020 10,318 9,039 8,004 7, 010 6,456 5,515 6, 143 4, 637 3,994 3, 293 3, 160 2,981 2, 563 2, 026 1, 908 1. 432 1, 181

982 816 662 497 339

318 332 345 363 378 397 413 416

$353

592
10.373
38,671
128,975
268, 345
423,892
520,585
434, 576
319,240
312,916
287,880
277, 17.30
245,833
207, 407
202,832
253,798
236, 731
310, 446
336, 091

740, 197
1.785, 668
4,041, 897
6,994, 165
10,633, 435
11, 224, 926
10,996, 232
9,570, 076
9, 131, 400
10,390, 780
12,028, 326
12,526,757
13,887, 340
16,783, 968
17, 018, 082
15,917. 424
15, S26, 208
13,724,954
11,731, 139
10, 3:2, 753
8, 140,007
7,063, 185
6,116,651
6, 153, 084
6, 121, 912
5,771, 753
5,366, 549
4,746, 116
4,101,373
3,628, 662
3, 233, 048
2,794, 412
2,597,710
2, 200, 810
2,075, 255
1, 797, 666
1, 604, 980
1, 329, 274
1, 337,963
1, 276,651
1, 120, 882

930, 677
881, 426
649, 427
526, 570
419,712
368, 212
293, 625
237, 041
161,979
148, 334
104,835
66, 737
58, 003
52, 046
32, 360
23, 296
15, 082
10, 611
5,168
2,633
1,071
1,732

628

228 239 252 247 276 230 314 342 361 375 32 411 413 419 439 432 439

435 437 441 436 437 448 433 410

1
8
98
406
1.153
2, 407
3,638
4, 202
3, 190
2, 142
1,923
1, 730
1,583
1, 270
1, 066

990
1, 185
1,119
1, 220
1, 198
1.398
1,648
2, 395
3,166
3.873
4,151
4,379
3, 250
2,976
3, 247
3,895
4,194
4, 800
6,095
6, 407
6,084
6, 420
5.632
4,876
4, 132
3,887
3, 106
2,818
2, 490
2,382
2, 173
1,984
1,835
1,617
1, 444
1, 336
1, 305
1, 189
1,000
1,047
1,170

802
742

$803 1.010

375 374 334 329 320 312 315 3:20 317 313 315 321 315 322 334 348 363 379 398 413 416 429 435 439 411 438 440 452 431 402 397 392 387 385 391 3:15 399 3:13 302 394 384 387 390 401 405 401 412 416 405

$353

592 10, 373 88, 671 120.975 218, 245 423,62 520,585 434, 576 319.240 812, 916 287,880 277,936 245, 030 205, 387 188, 578 220, 105 202, 649 213, 462 224, 655 266,895 335, 157 526, 255 721, 473

926, 511 1,045, 659 1,080, 151

838, 083

862,587
1,020,838
1, 330, 532
1,512, 927
1,802, 276
2, 390, 957
2,633, 363
2,515, 621
2,690,880
2, 468, 605
2, 107,885
1, 947, 128
1, 661, 651
1, 456, 665
1, 217, 180
1, 101, 3u8
1,074, R33
956, 768
882, 760
809, 1:27
766, 126
654, 19
597, 526
572, 465
520, 400
453. 412
461,056
465, 598
405, 915
334, 724
361, 248
359, 232
838, 578
315, 750
277, 215
211, 932
166, 808
137, 234
121, 221
106,689
91,854
68,832
80, 913
82, 890
20, 390
18, 369
16, 912
9, 285

429 432

406

1
2
38
90
102
264

348
1,515
4,608
10,982
19,763
31, 031
32, 293
30, 923
27,505
25, 717
28, 040
30, 700
30, 324
31, 926
36, 131
34, 889
32, 215
30,590
26, 801
21, 439
19,029
15,481
12,729
11, 009
11,726
13,314
12,057
11, 40
10,185
8,701
7, 595
6.668
6,706
5, 267
4, 455
4,096
3, 467
3, 102
2, 551
2, 436
2, 267
1,947
1, 493
1, 453
1,079

910
755
629
507
308
239
242
165
119
111
90
52
38
27
16
13
5
3

451 454 445

$803
2,020
14, 253
33,694
34, 082
86,984
111, 436

473, 302
1, 450, 502
3, 516,642
6, 272, 692
9, 708, 923
10, 179, 367
9,916, 081
8.671,993
8, 238,813
9,370, 242
10,697,794
11,013, 830
12,086, 064
14, 3:3, 011
14, 411,719
13, 401, 803
13, 135, 328
11, 256, 350
9,623, 254
8,305, 625
6,779, 256
8,5981, 520
4,974, 474
6.051, 486
5,355, 080
4,784,996
4,483,749
3,037, 290
3,316, 247
2,909,513
2,635, 621
2, 221, 977
2,071, 310
1,747, 399
1,614, 199
1,332,071
1, 199, 064

994, 550
976, 718
917, 423
781, 710
614,926
604, 210
437, 495
359,762
282, 478
246, 990
186, 935
145, 187
93, 447
97, 421
71,944
46,347
39, 634
35, 133
23, 075
19, 026
14, 472
6,032
4,779
2, 167
1,071

801 628

61 62 63 64 65 66 67 69 69. 70 71 72 73 74. 75 76 77 78 79 80 81 82 83 84 85 86 87

400 345 397 401 404 309 402 399 404 389 402 401

467 456 447 4303 413 428 4 40 398 455 451

724

714

616

428 437 459 462 454 446 427 451

533 485 353

303 3.50 892 609 600 616 BOS 648

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712

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227 187 186 129 100 76 48 30 24 20 16

436

213 149

389

[blocks in formation]

357

685 670 685 680 765 846 714 710 805

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2

29 23 14

89 90 91 92 93 04 95 96 97 98 09 100 101 102 103 104

336 433 368 433 357 401 314

610 3,679 389 466

439

466

357 577 314

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2

2

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Total...

822, 635

50,782, 856

Average age

51.7

48. 1

17

Number of military personnel retired from aclive duly and receiving relired pay on June 30, 1971,

by age on ihat date-Department of Defense

Officer retirements

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Total

Nondisability

2,517
4.617

17.3.6

33 W3

EN, 238

$0,05

53, 186
104, 118

65,524
76, 431
52 415
60.007
62,217
81.7118
159,188
471.578

86,368
1,318, 974
1.653, 175
2,018, 023
1.866.610
2,197,672
3, 197,749
4,538, 369
5, 481.847
6,870,183
9.305, 3.0
10, 22, 4419

9,752, N21
10,34,161
9, 143, 225
7,911, 431)
7,061, 414
5,714.3413
4.444. 4.
4,422.267
4.574,537
5,0727
4,582, 50%
4.25), 561
3,703, 525
3, 317.775

2,61,617

2,621,M1

2,265,184

2,011,435

1,715, 451

1,621, 203

1.3112,179

1, 23!1, 457

1,075, 452

1,($1.302

1,039,511

437, 297

768, 454

735, 732

8-15, 214

433, 273

340.641

289, 625

243, 574

195, 763

131, 606

116,07

86, 560

30, 636

48,

3, N)

25, 735
19, 156
12, 0213
8, 132
3, 3:13
2, 378

M1

1,385

$803

2.00

1,505

5, 156

1,331

2,030

2, 731

11, 189

76,552

380, 162

726, 341

1,127,526

1, 436,500

1, 501, 520

1, 636,519

1,442,195

2.763,9

3,892,618

4.610. 2

5,745,023

7,717,577

8.3615, 4

7,913,921

8, 191,756

7, 257,13

6,26+), 403

5, 533, 07

4,431,384

3,705, 015

3, 457, 505

3,602, 415

4,100,16

3.732.468

3, 512,884

3, 5.813

2, 602.731

2.3, 713

2,117,194

1,738, 348

1,623, 616

1,303,149

1, 252,717

27,025

912, 623

7116,252

786, 475

739, 130

637, 36

45,119

486, 282

351, 5:12

278, 540

215,171

175,854

139.815

108,212

64, 661

68,794

54, 198

31, 213

27.754

24,955

16, 450

14, 415

11,732

4, 453

3, 004

1,912

911

454

66

46

20

23

20

13

6

1

7

1

1

1, 000

1,000

1, 737

1, 737

280,817

160, 125, 792

217, 429

63, 388

127,685, 549
67. 2

32, 440, 252
66.1

56 9

Note: The dollar amounts are after deduction for RSFP and partial waivers.

18

Number of military personnel relired from active duty and receiving retired pay on June 30,

1971, by age on that date-Department of Defense

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17.

$353

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19. 20. 21. 22 23 24 25 26 27

1 106

15 JON 110 113 115 122 125 130 131 135

405 1, 150 2, 301 3,535 4,057 3,002 1,902 1,641 1, 480 1, 2016 1,047

8:15 819

2) 30 31 32

113 115 122 125 130 131 135 144 148 155 165 166 185 105 240 274 286 287 286

36 82 100

$354
341
327

325

34. 35 36 37 38 30 40 41 42 43 44 45 46 47

$353

3:12 10, 373 38,617 121, 428 263, 515 408, 566 466, 702 3441,338 238, 315 213, 421 194,313 175,047 154), 787 132, 877 137,008 175, 367 181,316 250, 439 273, 814

645, 3:0) 1,628,471 3.570,319 6, 125, 718 9, 314, 160 9, 571, 451 8,148. 209 7.703, 437 6,933, 777 7. 193, 031 7, 1897,67 7,015, 209 7,016,657 7,315,378 6, 27, 333 6, 161.643 5, 591,217 4,531,7

, 3,2X1,3) 2,72,511 2,2UR, 636) 1,771.387 1,578,517 1, 420, 185 1, 18, 245 1,100,689

316 30) 305 306 301 2015 2:13 210 232 278 276 273 272

1,00 1.0.2 1, 058 1,135 1, 468 2, 125 2. Se 3,484 3, 713 3,911

118 1-16 150) 150 152 136 157 119 201 212 221 213 233 744 *240 252

2.819

$353

5:2 10, 373 38,647 124, 423 263, 308 406, 566 466, 703 366, 335 234, 315 213, 421 194.393 175, 017 150,787 132,877 124,280 147, 130 151, 568 165, 485 165, 13: 1:13,86 252, 551 405, 139 57,407 735, 062 828, 52 833, 1148 667,92 607, 160 606, 759 ON 4,791 611, 678 670, 616 721915 71%, 959 078,721 647,675 63.7. 162 46:3,918 41,511 378, 072 317.01 252, 118 1S), 475 172, 0:3 137, 177 135,773 111, 414 100,095 13, 244

271 273

8
98
405
1, 150
2,391
3,583
4,057
3,002
1,202
1,611
1, 480
1,216
1,047

815

845
1,061
1, 102
1.353
1,102
2,730)
5,30
12, 471
21, 315
32, 521
33, 539
31,912
27,783
25,248
26, 31)
27.5:14
25, 16+
25,750
27, ON
24,823
22, 407
20, 303
16,583
13, 11:15
12,005
10,056
8,231
6,794
6,097
5.661
4,813
4,561
3,957
3,233
2,705
2, 457
2,171
2, 150
1,01
1,778
1,735
1. 49
1, 1720
1,000

914
725
5:16
5.50
3:18
345
301
2N2
10)
150
101
111

21

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311 1, 1:35 4, 462 10, 316 18, 416 21, 037 21, 826 2%, 001 24,931 22,718 23, 843 21,21 23, 501 23, 272 24, 192 22.350 20, 131 18, 150 14, 755 12,352 10,020 8,735 7, 1013 5,772 5,383 5, 005 4.275 4,016 3, 136 2, X35 2,332 2, 077 1, 773 1, 737 1,526 1, 405 1, 2:18 1, 110

768 725 063 550 468 444 331

280 277 275 272 271 271 272 273 275 275 275 273 274 272 271 218 205 264 251 217 213 211 242 2.15 249 214 255 255 255 251

2,530 2,500 2,673 2, 163 2, 178 2, 002 2, 473 2,270 2,213 1,29 1. 5:3 1. 415 1.321 1,12

אל ,81 ,3

714

69 60 61 02

250

$12,748

223% 32,748 84,954 10, 706

462, 113 1, 373,921 3, 165, 180 5, 546, 301 8,579,313 8,742, 839 8, 114, 261 7,035, 445 6,323,61% 6, 5NS, 273 6, 05, 176 6, 103, 531 6,310,012 6,675, 431 6, 103.621 5, 487,832 4,913,572 3. FI 3,353,70 2, 81, 818 2,347,872 1,8!1, 125 1,521, 1,349,071 1, 219, 0:3 1,052, 117

970,915
811, 477
6x3,513
570, 501
518 3:47
433, 630
447.661
3:13, 154)
311, 12
335, 010
2,111
1918, 2018
1:1), 240
177,12
143, 774
12,808
117,928
85,113
81.222
67,307
71.137
47. 121
38.975
28.786
28. 6.7
17,747
15,054
11.880
12, 17:)
6,625
4.131
2,740
2,480
1,775

255
130

264 258 21 2.16 212 211 211 215 250

6-1 6.5 66 67

212 251 250 244 240 214 215

215

255 25$ 257 25

600 70 71 72 73 74 75 76 77 78 70 SO 81 82 83 84 85 86 87

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231) 210 220 331 235 224 253 262

266

95,629 100,611 91,00 2,570 100, 411 7,02 55,524 63,421 59, 151 39,217 32, 415 27,766 18,310 12, 075 11, 764 7. 450 2,130 2, 303 1,557 2.710

5X TINN 255

783,54%
661, 0:5
611, 206
5:29, 259
649, 275
455, 359
451, 052
435, 187
35,5-3
253.2
253, 661
237, 144
182,791
162, 223
145, 604
104,213
$3,217
7!,072
78,688
50), 0250
41.27
30.373
31.337
15,75
16.0441
12,134
12,179
6,025
4,131
2,8
2, 480
1,775

255
130
347
628

200

272

257

263 267

202 281

253

179 141

276

101 65 51

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55 45 44

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2x3 273 2015 270 277 301 25 274 310 355 255 130 347 314

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16 11 8 5 1

995 96 97 98

301 25 272 310 355 255 130 347 314

347

2

628

100 101 102 103 104 105

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5-18 516 461 3:18 373 350

3:19

413
375
373
437
330
252
275
251
175
128
106
67
46
44

11
9
6
10
2
4
1

5
1
1
1
2

541.818

453, 1149

125,353,524

78,869

18, 312, 603

Average age

48.0

49, 1

42.8

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