14 U.S. Code § 291 - Voluntary retirement after twenty years’ service
Any regular commissioned officer who has completed twenty years’ active service in the Coast Guard, Navy, Army, Air Force, or Marine Corps, or the Reserve components thereof, including active duty for training, at least ten years of which shall have been active commissioned service, may, upon his own application, in the discretion of the President, be retired from active service.
Source(Added Pub. L. 88–130, § 1(10)(C),Sept. 24, 1963, 77 Stat. 187; amended Pub. L. 99–348, title II, § 205(b)(5),July 1, 1986, 100 Stat. 700.)
1986—Pub. L. 99–348struck out “, with retired pay of the grade with which retired” after “from active service”.
Retired Pay on or Prior to September 24, 1963