14 U.S.C. § 288 : US Code - Section 288: Regular captains; retirement

Search 14 U.S.C. § 288 : US Code - Section 288: Regular captains; retirement

(a) Each officer of the Regular Coast Guard serving in the grade
of captain whose name is not carried on an approved list of
officers selected for promotion to the grade of rear admiral (lower
half) shall, unless retired under some other provision of law, be
retired on June 30 of the promotion year in which he, or any
captain junior to him on the active duty promotion list who has not
lost numbers or precedence, completes thirty years of active
commissioned service in the Coast Guard. An officer advanced in
precedence on the active duty promotion list because of his
promotion resulting from selection for promotion from below the
zone is not subject to involuntary retirement under this section
earlier than if he had not been selected from below the zone.
(b) Retired pay computed under section 423(a) of this title of an
officer retired under this section shall not be less than 50
percent of the basic pay upon which the computation of his retired
pay is based.