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.
Amendments
2018—Pub. L. 115–282 renumbered section 291 of this title as this section.
1986—Pub. L. 99–348 struck out ", with retired pay of the grade with which retired" after "from active service".
Retired Pay on or Prior to September 24, 1963
Savings provisions in section 5(g) of Pub. L. 88–130 providing that Pub. L. 88–130 does not affect the retired pay of anyone retired on or prior to Sept. 24, 1963, are set out as a note under section 2101 of this title.