Eligibility for payment of both retired pay and veterans’ disability compensation for certain additional military retirees with compensable service-connected disabilities

(a) Extension of Concurrent Receipt Authority to Retirees With Service-Connected Disabilities Rated Less Than 50 Percent Section 1414(a) of title 10, United States Code, is amended— (1) by striking Compensation in the subsection heading and all that follows through Subject and inserting Compensation.—Subject; and (2) by striking paragraph (2). (b) Amendments To reflect conclusion of Phase-In of Concurrent Receipt of Retired Pay and Veterans’ Disability Compensation Section 1414 of title 10, United States Code, is further amended— (1) in subsection (a), as amended by subsection (a) of this section, by striking the final sentence; (2) by striking subsection (c) and redesignating subsections (d) and (e) as subsections (c) and (d), respectively; and (3) in subsection (d), as so redesignated, by striking paragraphs (3) and (4). (c) Specification of qualified retirees for concurrent receipt purposes Section 1414 of title 10, United States Code, is further amended— (1) in subsection (a), as amended by subsections (a) and (b)— (A) by striking a member or and all that follows through is entitled and inserting an individual who is a qualified retiree for any month is entitled; and (B) by inserting retired pay and veterans’ disability compensation after both; (2) in subsection (b)— (A) by striking Special Rules in the subsection heading and all that follows through is subject to and inserting Special Rules for Chapter 61 Disability Retirees.—In the case of a qualified retiree who is retired under chapter 61 of this title, the retired pay of the member is subject to; and (B) by striking paragraph (2); and (3) in subsection (d), as redesignated and amended by subsection (b), by adding at the end the following new paragraph: (3) Qualified retiree The term qualified retiree means a member or former member of the uniformed services who, with respect to any month— (A) is entitled to retired pay, other than in the case of a member retired under chapter 61 of this title with less than 20 years of service creditable under section 1405 of this title and less than 20 years of service computed under section 12732 of this title; and (B) is entitled to veterans’ disability compensation.. (d) Clerical Amendments (1) Section heading The heading of section 1414 of title 10, United States Code, is amended to read as follows: 1414. Members eligible for retired pay who are also eligible for veterans’ disability compensation: Concurrent payment of retired pay and disability compensation. (2) Table of sections The item relating to such section in the table of sections at the beginning of chapter 71 of title 10, United States Code, is amended to read as follows: 1414. Members eligible for retired pay who are also eligible for veterans’ disability compensation: Concurrent payment of retired pay and disability compensation.. (e) Conforming amendment Section 1413a(f) of title 10, United States Code, is amended by striking Subsection (d) and inserting Subsection (c). (f) Effective Date The amendments made by this section shall take effect as of January 1, 2021, and shall apply to payments for months beginning on or after that date.