Source: https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title5-section8714b&num=0&edition=prelim
Timestamp: 2020-02-23 17:14:58
Document Index: 101344210

Matched Legal Cases: ['§ 8714', '§7', '§206', '§7', '§207', '§7', '§3', '§1103', '§5', '§3', '§206', '§7', '§7']

[USC02] 5 USC 8714b: Additional optional life insurance
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5 USC 8714b: Additional optional life insurance Text contains those laws in effect on February 22, 2020
(2) 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, so much of the additional optional insurance as has been in force for not less than-
(A) The employee may elect to have withholdings cease in accordance with subsection (d), in which case-
(5)(A) An employee whose additional optional insurance under this section would otherwise stop in accordance with paragraph (1) and who is not eligible to continue insurance under paragraph (2) may elect, under conditions prescribed by the Office of Personnel Management, to continue all or a portion of so much of the additional optional insurance as has been in force for not less than-
(Added Pub. L. 96–427, §7(a), Oct. 10, 1980, 94 Stat. 1834 ; amended Pub. L. 98–353, title II, §§206, 207, July 10, 1984, 98 Stat. 351 , as amended by Pub. L. 99–336, §7(1), June 19, 1986, 100 Stat. 639 ; Pub. L. 99–335, title II, §207(k)(4), June 6, 1986, 100 Stat. 597 ; Pub. L. 99–336, §7(1), June 19, 1986, 100 Stat. 639 ; Pub. L. 105–311, §§3(2), 6(3), 7(a), (c), Oct. 30, 1998, 112 Stat. 2950–2953 ; Pub. L. 110–417, [div. A], title XI, §1103(c), Oct. 14, 2008, 122 Stat. 4617 ; Pub. L. 111–350, §5(a)(13), Jan. 4, 2011, 124 Stat. 3841 .)
2008-Subsec. (b). Pub. L. 110–417 designated existing provisions as par. (2) and added par. (1).
1998-Subsec. (b). Pub. L. 105–311, §3(2), in first sentence, struck out "except that coverage may not exceed an amount equal to 5 times the annual rate of basic pay payable for positions at level II of the Executive Schedule under section 5313 of this title (rounded to the next higher multiple of $1,000)" after "$1,000)".
1986-Subsec. (c)(1). Pub. L. 98–353, §206, as amended generally by Pub. L. 99–336, §7(1), inserted sentence which deemed justices and judges described in section 8701(a)(5)(ii) and (iii) of this chapter to continue in active employment for purposes of this chapter.
1984-Subsec. (c)(1). Pub. L. 98–353 inserted "A justice or judge of the United States as defined by section 8701(a)(5) of this title who resigns his office without meeting the requirements of section 371(a) of title 28, United States Code, for continuation of the judicial salary shall have the right to convert additional optional life insurance coverage issued under this section during his judicial service to an individual policy of life insurance under the same conditions approved by the Office governing conversion of basic life insurance coverage for employees eligible as provided in section 8706(a) of this title."
Pub. L. 105–311, §7(b), Oct. 30, 1998, 112 Stat. 2953 , required the Office of Personnel Management to submit, not later than 3 years after Oct. 30, 1998, a report to Congress on additional optional insurance provided under subsec. (c)(5) of this section.