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United States · Bill · HR

H.R. 5364 (99th)

Federal Employees' Group Life Insurance Act of 1986

openUnited States· United States Congress· EN

Introduced

8 August 1986

Last action

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Status

Executive Comment Requested from OMB, OPM.

Sponsors

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Subjects

Discovery layer

Source updated

29 August 2025

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Summary

Federal Employees' Group Life Insurance Act of 1986 - Increases the amount of basic group life insurance available to Federal employees. Provides a formula for limiting reductions in the face value of the life insurance of retirees who become 65 years of age. Revises methods of determining employee and Government contributions. Directs the Secretary of the Treasury to issue interest-bearing obligations of the United States for purchase by available funds in the Employees' Life Insurance Fund. Authorizes appropriations to the Fund to finance its unfunded liability, as determined on January 1, 1987, in 100 equal annual installments.

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Documents

1 official file

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