(1)
Under regulations prescribed by the Secretary of the Navy, an officer of the naval service who—
(A)
is entitled to basic pay;
(B)
is not above the pay grade O–6;
(C)
has completed his initial obligated active service as an officer;
(D)
has, as a commissioned officer, successfully completed training for duty in connection with the supervision, operation, and maintenance of naval nuclear propulsion plants; and
(E)
has the current technical qualifications for duty in connection with the supervision, operation, and maintenance of naval nuclear propulsion plants;
may, in addition to all other compensation to which he is entitled, be paid an annual bonus in an amount not to exceed $22,000 for each nuclear service year.