§ 8709. Insurance policies

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(a)The Office of Personnel Management, without regard to section 6101(b) to

(d)of title 41, may purchase from one or more life insurance companies a policy or policies of group life and accidental death and dismemberment insurance to provide the benefits specified by this chapter. A company must meet the following requirements:

(1)It must be licensed to transact life and accidental death and dismemberment insurance under the laws of 48 of the States and the District of Columbia.

(2)It must have in effect, on the most recent December 31 for which information is available to the Office, an amount of employee group life insurance equal to at least 1 percent of the total amount of employee group life insurance in the United States in all life insurance companies.

(b)A company issuing a policy under subsection

(a)of this section shall establish an administrative office under a name approved by the Office.

(c)The Office at any time may discontinue a policy purchased from a company under subsection

(a)of this section.

(1)The provisions of any contract under this chapter which relate to the nature or extent of coverage or benefits (including payments with respect to benefits) shall supersede and preempt any law of any State or political subdivision thereof, or any regulation issued thereunder, which relates to group life insurance to the extent that the law or regulation is inconsistent with the contractual provisions.

(2)For the purpose of this section, “State” means a State of the United States, the District of Columbia, the Commonwealth of Puerto Rico, and a territory or possession of the United States.

(Pub. L. 89–554, Sept. 6, 1966, 80 Stat. 596; Pub. L. 95–454, title IX, § 906(a)(2), (3), Oct. 13, 1978, 92 Stat. 1224; Pub. L. 96–427, § 5(a), Oct. 10, 1980, 94 Stat. 1834; Pub. L. 111–350, § 5(a)(11), Jan. 4, 2011, 124 Stat. 3841.)

In subsection (a), the words “as determined by it” are omitted as unnecessary.

Standard changes are made to conform with the definitions applicable and the style of this title as outlined in the preface to the report.

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Cited by 16 sections · top 6

U.S. Code

statutes-at-large

Public Law 96–427
To amend chapter 87 of title 5, United States Code, to increase the amounts of regular and optional group life insurance available to Federal employees and provide optional life insurance on family members, and for other purposes

Traces to 3 documents

U.S. Code

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Pub. L. 89–554
80 Stat. 596
Pub. L. 95–454, title IX, § 906(a)(2)
92 Stat. 1224
Pub. L. 96–427, § 5(a)
94 Stat. 1834
Pub. L. 111–350, § 5(a)(11)
124 Stat. 3841
Pub. L. 111–350
Pub. L. 96–427
Pub. L. 95–454
section 10(a) of Pub. L. 96–427
section 907 of Pub. L. 95–454

Citation graph

cites case law

§ 8709

Insurance policies

Fed. Reg.×12

U.S.C.×3

Stat.×1

U.S.C.§ 5

U.S.C.§ 8701

U.S.C.§ 1101

Pub. L.Pub. L. 89–554

Stat.80 Stat. 596

Pub. L.Pub. L. 95–454, title IX, § 906(a)(2)

Stat.92 Stat. 1224

Pub. L.Pub. L. 96–427, § 5(a)

Cites 16 · showing 8Cited by 16 across 3 sources