Public Law 119-73 (01/23/2026)

38 U.S.C. § 5123

Rounding down of pension rates

Public Law 95–588The monthly or other periodic rate of pension payable to an individual under section 1521, 1541, or 1542 of this title or under section 306(a) of the Veterans’ and Survivors’ Pension Improvement Act of 1978 (), if not a multiple of $1, shall be rounded down to the nearest dollar.

Pub. L. 97–253, title IV, § 403(a)(1)96 Stat. 802Pub. L. 102–40, title IV, § 402(b)(1)105 Stat. 238Pub. L. 102–83, § 5(c)(1)105 Stat. 406(Added , , , § 3023; renumbered § 5123, , , ; amended , , .)

Editorial Notes

References in Text

Public Law 95–588section 306(a) of Pub. L. 95–58892 Stat. 2508section 1521 of this titleSection 306(a) of the Veterans’ and Survivors’ Pension Improvement Act of 1978 (), referred to in text, is , title III, , , which is set out as a note under .

Prior Provisions

Prior sections 5201 to 5228 were renumbered sections 8501 to 8528 of this title, respectively.

Amendments

Pub. L. 102–40section 3023 of this title1991— renumbered as this section.

Pub. L. 102–83 substituted “1521, 1541, or 1542” for “521, 541, or 542”.

Statutory Notes and Related Subsidiaries

Effective Date

Section 403(b) of Pub. L. 97–253Pub. L. 98–21, title I, § 111(e)97 Stat. 73Pub. L. 98–369, div. B, title VI, § 2662(j)98 Stat. 1160

“(1)
Except as provided in paragraph (2), the amendment made by subsection (a)(1) [enacting this section] shall apply with respect to amounts payable for periods beginning after .
“(2)
In the cases of individuals to whom pension is payable under sections 521, 541, and 542 [now 1521, 1541, and 1542] of title 38, United States Code, the amendment made by subsection (a)(1) shall take effect on the first day after , that an increase is made in maximum annual rates of pension pursuant to section 3112 [now 5312] of title 38, United States Code.”
, as amended by , , ; , , , provided that: