Source: http://www.law.cornell.edu/uscode/text/5/8714c?quicktabs_8=0
Timestamp: 2013-12-13 21:17:59
Document Index: 75570626

Matched Legal Cases: ['§ 8714', '§ 8714', '§ 8714', '§ 8', '§ 206', '§ 7', '§ 207', '§ 7', '§ 6', '§ 5', '§ 8', '§ 8', '§ 8', '§ 6', '§ 206', '§ 206']

5 USC § 8714c - Optional life insurance on family members | Title 5 - Government Organization and Employees | U.S. Code | LII / Legal Information Institute
USC › Title 5 › Part III › Subpart G › Chapter 87 › § 8714c	prevnext
5 USC § 8714c - Optional life insurance on family members
(b) to (d) of title 41, may purchase a policy which shall make available to each employee insured under section 8702 of this title amounts of optional life insurance (without accidental death and dismemberment insurance) on the employee’s family members.
The optional life insurance on family members provided under this section shall be made available to each eligible employee who has elected coverage under this section, under conditions the Office shall prescribe, in multiples, at the employee’s election, of 1, 2, 3, 4, or 5 times—
$2,500 for each child described under section 8701
In the case of any employee who retires on an immediate annuity or who becomes entitled to receive compensation under subchapter I of chapter 81 of this title because of disease or injury to the employee and who has had in force insurance under this section for no less than—
optional life insurance on family members may be continued under the same conditions as provided in section 8714b
(c)(2) through (4).
During each period in which the optional life insurance on family members is in force the full cost thereof shall be withheld from the employee’s pay. During each period in which an employee continues optional life insurance on family members after retirement or while in receipt of compensation under subchapter I of chapter 81 of this title because of disease or injury to the employee, as provided in subsection (c) of this section, the full cost shall be withheld from the annuity or compensation, except that, beginning at the end of the calendar month in which the former employee becomes 65 years of age, the optional life insurance on family members shall be without cost to the employee. Notwithstanding the preceding sentence, the full cost shall be continued after the calendar month in which the former employee becomes 65 years of age if, and for so long as, an election under this section corresponding to that described in section 8714b
(c)(3)(B) remains in effect with respect to such former employee. Amounts so withheld shall be deposited, used, and invested as provided in section 8714 of this title and shall be reported and accounted for together with amounts withheld under section 8714a
The cost of the optional life insurance on family members shall be determined from time to time by the Office on the basis of the employee’s age relative to such age groups as the Office establishes under section 8714a
(Added Pub. L. 96–427, § 8(a),Oct. 10, 1980, 94 Stat. 1836; amended Pub. L. 98–353, title II, § 206, as amended by Pub. L. 99–336, § 7(1),June 19, 1986, 100 Stat. 639; Pub. L. 99–335, title II, § 207(k)(5),June 6, 1986, 100 Stat. 598; Pub. L. 99–336, § 7(1),June 19, 1986, 100 Stat. 639; Pub. L. 105–311, §§ 6(4), 8,Oct. 30, 1998, 112 Stat. 2951, 2953; Pub. L. 111–350, § 5(a)(14),Jan. 4, 2011, 124 Stat. 3842.)
1998—Subsec. (b). Pub. L. 105–311, § 8(a), amended subsec. (b) generally. Prior to amendment, subsec. (b) read as follows: “The optional life insurance on family members provided under this section shall be made available to each eligible employee who elects coverage under this section, under conditions the Office shall prescribe, in the amount of $5,000 for a spouse and $2,500 for each child described in section 8701
(d). The employee may stop coverage elected under this section at any time.”
Subsec. (c)(2). Pub. L. 105–311, § 8(b)(1), substituted “section 8714b
(c)(2) through (4)” for “section 8714b
Subsec. (d)(1). Pub. L. 105–311, § 8(b)(2), inserted before last sentence “Notwithstanding the preceding sentence, the full cost shall be continued after the calendar month in which the former employee becomes 65 years of age if, and for so long as, an election under this section corresponding to that described in section 8714b
(c)(3)(B) remains in effect with respect to such former employee.”
Subsec. (d)(3). Pub. L. 105–311, § 6(4), added par. (3).
1986—Subsec. (c)(1). Pub. L. 99–336amended Pub. L. 98–353, § 206, generally. See 1984 Amendment note below.
Pub. L. 99–335amended par. (1) generally, effective Jan. 1, 1977. Prior to such effective date, par. (1) read as follows: “Optional life insurance on family members shall stop at the earlier of the employee’s death, the employee’s separation from the service, 12 months after discontinuance of pay, or the employee’s entry on active duty or active duty for training, as provided in sections 8706
(c) of this title, subject to provision for a 31-day temporary extension of insurance coverage and for conversion to individual policies under conditions approved by the Office. Justices and judges of the United States described in section 8701
(a)(5)(ii) and (iii) of this chapter are deemed to continue in active employment for purposes of this chapter.”
1984—Subsec. (c)(1). Pub. L. 98–353, § 206, as amended generally by Pub. L. 99–336, inserted sentence which deemed justices and judges described in section 8701
Amendment by section 6(4) ofPub. L. 105–311effective on the first day of the first applicable pay period beginning on or after Oct. 30, 1998, and amendment by section 8 ofPub. L. 105–311effective on the first day of the first pay period which begins on or after the 180th day following Oct. 30, 1998, or on any earlier date that the Office of Personnel Management may prescribe, see section 11(d), (f) ofPub. L. 105–311, set out as a note under section 8701 of this title.