Page:United States Statutes at Large Volume 94 Part 2.djvu/558

 94 STAT. 1836

5 USC 8714a. 5 USC 8705.

PUBLIC LAW 96-427—OCT. 10, 1980

uncollected amount to the Office for deposit to the Employees' Life Insurance Fund. "(e) The cost of the additional optional insurance 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(e) of this title. "(f) The amount of additional optional life insurance in force on an employee at the date of his death shall be paid as provided in section 8705 of this title.". (b) The table of sections for chapter 87 of title 5, United States Code, is amended by inserting after the item relating to section 8714a the following new item: "8714b. Additional optional life insurance.". OPTIONAL LIFE INSURANCE ON FAMILY MEMBERS

5 USC 8714c.

5 USC 8709-8712. 5 USC 8702.

5 USC 8701.

5 USC 8706.

5 USC 8101.

Ante, p. 1834.

SEC. 8. (a) Chapter 87 of title 5, United States Code, is further amended by inserting after section 8714b (as added by section 7 of this Act) the following new section: "(a) Under the conditions, directives, and terms specified in sections 8709 through 8712 of this title, the Office of Personnel Management, without regard to section 5 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. "(b) 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. "(c)(1) 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(a) and 8706(c) of this title, subject to provision for a 31day temporary extension of insurance coverage and for conversion to individual policies under conditions approved by the Office. "(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 disesise or injury to the employee and who has had in force insurance under this section for no less than— "(A) the 5 years of service immediately preceding the date of retirement or entitlement to compensation, or "(B) the full period or periods of service during which the insurance was available to the employee, if fewer than 5 years, optional life insurance on family members may be continued under the same conditions as provided in section 8714b(c)(2) of this title. "(d)(1) 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
 * '§ 8714c. Optional life insurance on family members

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