(a) Entitlement to Recomputation.—An enlisted member or warrant officer of the Air Force or the Space Force who is advanced on the retired list under section 9344 of this title is entitled to recompute his retired pay in accordance with this section.
(b) Formula.—The monthly retired pay of a member entitled to recompute that pay under this section is computed by multiplying—(1) the member’s retired pay base (as computed under section 1406(e) or 1407 of this title), by
(2) the retired pay multiplier prescribed in section 1409 of this title for the number of years credited to the member under section 1405 of this title.
(c) Rounding to Next Lower Dollar.—The amount computed under subsection (b), if not a multiple of $1, shall be rounded to the next lower multiple of $1.