A bill to amend title 5, United States Code, to provide for additional minimum amounts to which Federal employees group life insurance may be reduced after retirement, and for other purposes.

[AI summary unavailable — showing source text] Authorizes the Civil Service Commission to provide three additional plans for continuation of life insurance after separation from the Service: (1) a plan whereby the amount of insurance shall be reduced by 50 percent; (2) a plan whereby the amount of insurance would be reduced by 75 percent; and (3) a plan whereby the amount of insurance would not be reduced. (Adds 5 U.S.C. 8708 (f))…