Page:United States Statutes at Large Volume 110 Part 1.djvu/323

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PUBLIC LAW 104-106—FEB. 10, 1996 110 STAT. 299 SEC. 512. MOBILIZATION INCOME INSURANCE PROGRAM FOR MEM- BERS OF READY RESERVE. (a) ESTABLISHMENT OF PROGRAM. —(1) Subtitle E of title 10, United States Code, is amended by inserting after chapter 1213 the following new chapter: " CHAPTER 1214—READY RESERVE MOBILIZATION INCOME INSURANCE "Sec. "1 2521. Definitions. "12522. Establishment of insurance program. "1 2523. Risk insured. "12524. Enrollment and election of benefits. "12525. Benefit amounts. "1 2526. Premiums. "12527. Payment of premiums. "12528. Reserve Mobilization Income Insurance Fund. "12529. Board of Actuaries. "12530. Payment of benefits. "12531. Purchase of insurance. "12532. Termination for nonpayment of premiums; forfeiture.

    • § 12521. Definitions

"In this chapter: "(1) The term 'insurance program' means the Ready Reserve Mobilization Income Insurance Program established under section 12522 of this title. "(2) The term 'covered service' means active duty performed by a member of a reserve component under an order to active duty for a period of more than 30 days which specifies that the member's service— "(A) is in support of an operational mission for which members of the reserve components have been ordered to active duty without their consent; or "(B) is in support of forces activated during a period of war declared by Congress or a period of national emergency declared by the President or Congress. "(3) The term 'insured member' means a member of the Ready Reserve who is enrolled for coverage under the insurance program in accordance with section 12524 of this title. "(4) The term 'Secretary' means the Secretary of Defense. "(5) The term 'Department' means the Department of Defense. "(6) The term 'Board of Actuaries' means the Department of Defense Education Benefits Board of Actuaries referred to in section 2006(e)(1) of this title. "(7) The term 'Fund' means the Reserve Mobilization Income Insurance Fund established by section 12528(a) of this title.

    • § 12522. Establishment of insurance program

"(a) ESTABLISHMENT.—The Secretary shall establish for members of the Ready Reserve (including the Coast Guard Reserve) an insurance program to be known as the 'Ready Reserve Mobilization Income Insurance Program'. " (b) ADMINISTRATION.—The insurance program shall be administered by the Secretary. The Secretary may prescribe in regulations such rules, procedures, and policies as the Secretary considers necessary or appropriate to carry out the insurance program.