legislation: 99-hr-5364

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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
99-hr-5364 99 hr 5364 Federal Employees' Group Life Insurance Act of 1986 Government Operations and Politics 1986-08-08 1986-08-15 Executive Comment Requested from OMB, OPM. House Rep. Barnes, Michael D. [D-MD-8] MD D B000160 15 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. 2025-08-29T16:32:08Z  

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