14 U.S.C. § 286a : US Code - Section 286A: Regular warrant officers: separation pay

Search 14 U.S.C. § 286a : US Code - Section 286A: Regular warrant officers: separation pay

(a) A regular warrant officer of the Coast Guard who is
discharged under section 580 of title 10, and has completed 6 or
more, but less than 20, continuous years of active service
immediately before that discharge is entitled to separation pay
computed under subsection (d)(1) of section 1174 of title 10.
(b) A regular warrant officer of the Coast Guard who is
discharged under section 1165 or 1166 of title 10, and has
completed 6 or more, but less than 20, continuous years of active
service immediately before that discharge is entitled to separation
pay computed under subsection (d)(1) or (d)(2) of section 1174 of
title 10, as determined under regulations promulgated by the
Secretary.
(c) In determining a member's years of active service for the
purpose of computing separation pay under this section, each full
month of service that is in addition to the number of full years of
service creditable to the member is counted as one-twelfth of a
year and any remaining fractional part of a month is disregarded.
(d) The acceptance of severance pay under this section does not
deprive a person of any retirement benefits from the United States.
However, there shall be deducted from each of his retirement
payments so much thereof as is based on the service for which he
has received severance pay under this section, until the total
deductions equal the amount of such severance pay.