legislation: 111-hr-6175

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bill_id congress bill_type bill_number title policy_area introduced_date latest_action_date latest_action_text origin_chamber sponsor_name sponsor_state sponsor_party sponsor_bioguide_id cosponsor_count summary_text update_date url
111-hr-6175 111 hr 6175 Federal Life Insurance Transparency Act Government Operations and Politics 2010-09-22 2010-09-22 Referred to the House Committee on Oversight and Government Reform. House Rep. Connolly, Gerald E. [D-VA-11] VA D C001078 0 Federal Life Insurance Transparency Act - Requires payments to beneficiaries of death claims under the federal employees' group life insurance program to be made in a lump sum, unless the insured or the beneficiary elects an alternative form of payment (which may be in addition to or instead of a lump-sum payment), as prescribed by the Office of Personnel Management (OPM). Permits the insured employee to elect such an alternative form of payment; but allows a beneficiary (or beneficiaries) to elect settlement by any other form of payment available to the employee, regardless of the employee's election. Applies this Act only to employees who first become insured in any calendar year beginning at least three months after enactment of this Act. 2023-01-11T13:21:35Z  

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