68 S T A T. ]
737
PUBLIC LAW 598-AUG. 17, 1954
(b) This Act shall not apply to noncitizen employees whose permanent duty station is located outside a State of the United States or the District of Columbia, nor shall it apply to commissioned officers and enlisted personnel on active duty in or with the Army, ^lavy. Air Force, Marine Corps, or Coast Guard of the United States, who have indemnity coverage under the Servicemen's Indemnity Act of 1951 (65 Stat. 33). SEC. 3. (a) Each employee to whom this Act applies shall be eligible to be insured for an amount of group life insurance approximating his annual compensation not exceeding $20,000 plus an equal amount of group accidental death and dismemberment insurance, in accordance with the following schedule: If annual compensation is— Greater than
But not greater than
0 $1,000 2,000 3,000 4,000 5,000 6,000 7,000 8,000 9,000 10,000 11,000 12,000 13,000 14,000 15,000 16,000 17,000 18,000 19,000
$1,000 2,000 3,000 4,000 5,000 6,000 7,000 8,000 9,000 10,000 11,000 12,000 13,000 14,000 15,000 16,000 17,000 18,000 19,000
The amount of group life insurance shall be—
38 USC 851 note. Amount.
The amount of group accidental death and dismemberment insurance shall be—
$1,000 2,000 3,000 4,000 5,000 6,000 7,000 8,000 9,000 10,000 11,000 12,000 13,000 14,000 15,000 16,000 17,000 18,000 19,000 20,000
N o n a pplicability.
$1,000 2,000 3,000 4,000 5,000 6,000 7,000 8,000 9,000 10,000 11,000 12,000 13,000 14,000 15,000 16,000 17,000 18,000 19,000 20,000
(b) Subject to the conditions and limitations of the policy or and^'dut^l^mb"* policies purchased by the Commission under this Act, as may be ment payments. approved by the Commission, the group accidental death and dismemberment insurance shall provide payments as follows: Amount payable
Loss
Full amount shown in the schedule in For loss of life. (a) of this section. Loss of one hand or of one foot or One-half the amount shown in the schedule in (a) of this section. loss of sight of one eye. Loss of two or more such members. Full amount shown in the schedule in, (a) of this section. For any one accident the aggregate amount of group accidental death and dismemberment insurance that may be paid shall not exceed the amount shown in the schedule in (a) of this section. i n (c) The Commission shall by regulation provide for the conversion conv^rsfon* a t aonto of other than annual rates of compensation to an annual basis, and ""^i 'ates. shall further specify the types of compensation to be included in annual compensation. (d) Each of such amounts of insurance shall be reduced by 2 per Insurance after centum thereof at the end of each full calendar month following the date the employee attains age sixty-five, subject to minimum amounts prescribed by the Commission, but not less than 25 per centum of the insurance in force immediately preceding the first reduction provided herein: Provided, That the amounts of insurance in force from time to time on an employee who becomes insured under this Act after having attained the age of sixty-five shall be the same as would be in force had he been insured at age sixty-five, and shall be based on the
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