In this task, you are given a summary for US Congressional and California state bill, your task is to generate a Title for this bill. The preferred titles are under forty words and mention the purpose of the bill.

Military Pay and Retirement Reform Act of 1999 - Waives during FY 2000 any required adjustment in the rates of monthly military basic pay in conformance with the General Schedule of the Federal Government. Increases such pay by 4.4 percent, effective on January 1, 2000. Provides an increase in such pay as of July 1, 2000, for officers and enlisted personnel within specified pay grades.
Repeals a Federal provision which provides a formula reduction in the retired pay of military personnel who first become members after July 31, 1986, and had creditable military service of less than 30 years. Directs the Secretary of Defense to increase the annual retired pay of such members under a revised formula which takes into account annual cost-of-living increases.
Military Pay and Retirement Reform Act of 1999