HR 5364 · 99th Congress · Government Operations and Politics

Federal Employees' Group Life Insurance Act of 1986

Introduced 1986-08-08· Sponsored by Rep. Barnes, Michael D. [D-MD-8]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Executive Comment Requested from OMB, OPM.(1986-08-15)

Plain Language Summary

[AI summary unavailable — showing source text] Federal Employees' Group Life Insurance Act of 1986 - Increases the amount of basic group life insurance available to Federal employees. Provides a formula for limiting reductions in the face value of the life insurance of retirees who become 65 years of age. Revises methods of determining employee and Government contributions. Directs the Secretary of the Treasury to issue interest-bearing obligations of the United States for purchase by available funds in the Employees' Life Insurance Fund. Authorizes appropriations to the Fund to finance its unfunded liability, as determined on January 1, 1987, in 100 equal annual installments.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (15)

15 Democrats
Rep. Oakar, Mary Rose [D-OH-20]OH
Rep. Ackerman, Gary L. [D-NY-7]NY
Rep. Fazio, Vic [D-CA-4]CA
Rep. Burton, Sala [D-CA-5]CA
Rep. Hoyer, Steny H. [D-MD-5]MD
Rep. Dymally, Mervyn M. [D-CA-31]CA
Rep. Gejdenson, Sam [D-CT-2]CT
Rep. Smith, Lawrence [D-FL-16]FL
Rep. Dyson, Roy [D-MD-1]MD
Rep. Edgar, Robert W. [D-PA-7]PA
Rep. Kostmayer, Peter H. [D-PA-8]PA
Rep. Guarini, Frank J. [D-NJ-14]NJ
Rep. Frank, Barney [D-MA-4]MA
Rep. Mikulski, Barbara A. [D-MD-3]MD
Rep. Borski, Robert A. [D-PA-3]PA