[Code of Federal Regulations] [Title 32, Volume 1] [Revised as of January 1, 2008] From the U.S. Government Printing Office via GPO Access [CITE: 32CFR48.402] [Page 285] TITLE 32--NATIONAL DEFENSE CHAPTER I--OFFICE OF THE SECRETARY OF DEFENSE PART 48_RETIRED SERVICEMAN'S FAMILY PROTECTION PLAN--Table of Contents Subpart D_Reduction of Retired Pay Sec. 48.402 Effective date of reduction. The effective date of reduction in retired pay will be the effective date of retirement with pay. The reduction in retired pay will be terminated on the date the member ceases to be entitled to retired pay or on the first day of the month following that in which there is no eligible beneficiary (for exception to this rule see Sec. 48.604).