To amend title 14, United States Code, to require the retention of certain enlisted members of the Coast Guard who have completed 18 or more, but less than 20, years of service, and for other purposes.

Retention of Regular Coast Guard Members: Enlisted members of the Regular Coast Guard who are facing involuntary separation or denied reenlistment will be retained on active duty until they qualify for retirement under section 2306 of title 14. This provides stability for those within two years of qualifying for retirement. (Section 1(a))

Protection for Reserve Members in Active Status: Members of the Coast Guard Reserve serving in an active status who are facing involuntary separation or denied reenlistment (unless for cause or physical disability) are protected from being discharged, denied reenlistment, or transferred without their consent. This applies to those with at least 18, but less than 20, years of service. (Section 1(a))