3.0.0 6175 2023-01-11T13:21:35Z 2023-01-11T13:21:35Z House H HR 2010-09-22 111 hsgo00 Oversight and Accountability Committee House Standing Referred to 2010-09-22T18:04:25Z 2010-09-22 Referred to the House Committee on Oversight and Government Reform. IntroReferral H11100 2 House floor actions hsgo00 Oversight and Accountability Committee 2010-09-22 Introduced in House IntroReferral Intro-H 9 Library of Congress 2010-09-22 Introduced in House IntroReferral 1000 9 Library of Congress C001078 Rep. Connolly, Gerald E. [D-VA-11] Gerald Connolly D VA E. 11 N Government Operations and Politics Government employee pay, benefits, personnel management Life, casualty, property insurance Government Operations and Politics 00 2010-09-22 Introduced in House 2010-09-27T20:56:39Z 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.

]]> Federal Life Insurance Transparency Act Display Title Federal Life Insurance Transparency Act Official Title as Introduced To amend title 5, United States Code, to provide that payments under the Federal Employees' Group Life Insurance program shall be made in a lump sum, unless the insured or the beneficiary elects otherwise. Introduced in House IH Short Titles as Introduced Federal Life Insurance Transparency Act Introduced in House 2010-09-22T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-111hr6175ih/xml/BILLS-111hr6175ih.xml 2010-09-22 Referred to the House Committee on Oversight and Government Reform. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.