10 USC 1463 – Payments from the Fund
(a) There shall be paid from the Fund—
(1) retired pay payable to members on the retired lists of the Army, Navy, Air Force, Marine Corps, and Coast Guard, and Space Force 1 and payments under section 1413a, 1414, or 1415 of this title paid to such members;
(2) retired pay payable under chapter 1223 of this title to former members of the armed forces;
(3) retainer pay payable to members of the Fleet Reserve and Fleet Marine Corps Reserve;
(4) benefits payable under programs under the jurisdiction of the Department of Defense and the Department of Homeland Security that provide annuities for survivors of members and former members of the armed forces, including chapter 73 of this title, section 4 of Public Law 92-425, and section 5 of Public Law 96-402; and
(5) amounts payable under section 1408(h) of this title.
Terms Used In 10 USC 1463
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
- Public law: A public bill or joint resolution that has passed both chambers and been enacted into law. Public laws have general applicability nationwide.
(b) The assets of the Fund are hereby made available for payments under subsection (a).