Page:United States Statutes at Large Volume 102 Part 5.djvu/122

 102 STAT. 4128

PUBLIC LAW 100-687—NOV. 18, 1988

"§ 1797. Funding of contract educational and vocational counseling "(a) Subject to subsection (b) of this section, educational or vocational counseling services obtained by the Veterans' Administration by contract and provided to an individual applying for or receiving benefits under section 524 or chapter 30, 32, 34, or 35 of this title, or chapter 106 of title 10, shall be paid for out of funds appropriated, or otherwise available, to the Veterans' Administration for payment of readjustment benefits. "(b) Payments under this section shall not exceed $5,000,000 in any fiscal year.". (b) CLERICAL AMENDMENT.—The table of sections at the beginning of chapter 36 is amended by inserting after the item relating to section 1796 the following new item: "1797. Funding of contract educational and vocational counseling.". SEC. 1303. VOCATIONAL TRAINING FOR PENSION RECIPIENTS.

(a) EuGiBiLiTY.—Subsection (a)(2) of section 524 is amended by striking out "who is awarded pension during the program period and inserting in lieu thereof "is awarded pension during the program period, or a veteran who was awarded pension before the beginning of the program period,". (b)

EXTENSION

OF PROGRAM

PERIOD.—Subsections

(a)(4)

and

(b)(4)(A) of such section are each amended by striking out "January 31, 1989" and inserting in lieu thereof "January 31, 1992". (c) HEALTH-CARE ELIGIBILITY.—Section 5250t)X2) is amended by

striking out "January 31, 1989" and inserting in lieu thereof "January 31, 1992".

TITLE XIV—MISCELLANEOUS BENEFIT PROVISIONS SEC. 1401. LIFE INSURANCE PROGRAMS. (a) AUTHORITY FOR PAYMENT OF INTEREST ON INSURANCE SETTLE-

MENTS.—(1) Subchapter I of chapter 19 is amended by adding at the end the following new section: "§ 728. Authority for payment of interest on settlements "(a) Subject to subsection (b) of this section, the Administrator may pay interest on the proceeds of a participating National Service Life Insurance, Veterans' Special Life Insurance, and Veterans Reopened Insurance policy from the date the policy matures to the date of payment of the proceeds to the beneficiary or, in the case of an endowment policy, to the policyholder. "(b)(1) The Administrator may pay interest under subsection (a) of this section only if the Administrator determines that the payment of such interest is administratively and actuarially sound for the settlement option involved. "(2) Interest paid under subsection (a) of this section shall be at the rate that is established by the Administrator for dividends held on credit or deposit in policyholders' accounts under the insurance program involved.". (2) Subchapter II of chapter 19 is amended by adding at the end the following new section:

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