H.R. 10463 — Combat Veterans Retirement Restoration Act

This section expands concurrent receipt of retired pay and veterans’ disability compensation to members retired under chapter 61 with combat-related disabilities. Career retirees (20 or more years of service) may receive both full amounts without offset. Those with less than 20 years may receive the lesser of their chapter 61 retired pay plus compensation or the amount computed using a 20-year multiplier plus compensation. The section authorizes $9.4 billion for the Department of Defense and applies to payments beginning January 1, 2027.