Read twice and referred to the Committee on Armed Services.
Congressional Research Service
Official summary
Version 00 · Introduced in Senate · Mar 2, 2004
Guard and Reserve Retirement Retainer Act of 2004 - Provides that, in the case of a person to whom the payment of military retired pay for non-regular (reserve) service commences after the person attains 55 years of age and before the person attains 60 years of age, the amount of such pay shall be reduced by: (1) 12.5 percent, for age 55; (2) 9 percent, for age 56; (3) 6 percent, for age 57; (4) 3.5 percent, for age 58; and (5) 1.5 percent, for age 59.
Prohibits any such person from receiving medical and dental care through facilities of the Department of Defense until the person has attained 60 years of age.
Source last updated: Aug 18, 2025. Consult Congress.gov for the current record.
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