33 U.S. Code § 3044 - Retirement for length of service
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An officer who has completed 20 years of service, of which at least 10 years was service as a commissioned officer, may at any time thereafter, upon application by such officer and in the discretion of the President, be placed on the retired list.
Source(Pub. L. 107–372, title II, § 244,Dec. 19, 2002, 116 Stat. 3089.)
Provisions similar to those in this section were contained in section 853l of this title prior to repeal by Pub. L. 107–372.
Delegation of Functions