Page:United States Statutes at Large Volume 124.djvu/1559

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124 STAT. 1533 PUBLIC LAW 111–203—JULY 21, 2010 (C) LONG TERM CARE INSURANCE AFTER 1ST YEAR.— If, after the 1-year period beginning on the transfer date, the Office of the Comptroller of the Currency or the Cor- poration determines that the Office of the Comptroller of the Currency or the Corporation, as appropriate, will not continue to participate in any long term care insurance program of an agency from which an employee transferred, a transferred employee who is a member of such a program may, before the decision takes effect, elect to apply for coverage under the Federal Long Term Care Insurance Program established under chapter 90 of title 5, United States Code, under the underwriting requirements applicable to a new active workforce member, as described in part 875 of title 5, Code of Federal Regulations (or any successor thereto). (D) CONTRIBUTION OF TRANSFERRED EMPLOYEE.— (i) IN GENERAL.—Subject to clause (ii), a trans- ferred employee who is enrolled in a plan under the Federal Employees Health Benefits Program shall pay any employee contribution required under the plan. (ii) COST DIFFERENTIAL.—The Office of the Comp- troller of the Currency or the Corporation, as applicable, shall pay any difference in cost between the employee contribution required under the plan pro- vided to transferred employees by the agency from which the employee transferred on the date of enact- ment of this Act and the plan provided by the Office of the Comptroller of the Currency or the Corporation, as the case may be, under this section. (iii) FUNDS TRANSFER.—The Office of the Comp- troller of the Currency or the Corporation, as the case may be, shall transfer to the Employees Health Bene- fits Fund established under section 8909 of title 5, United States Code, an amount determined by the Director of the Office of Personnel Management, after consultation with the Comptroller of the Currency or the Chairperson of the Corporation, as the case may be, and the Office of Management and Budget, to be necessary to reimburse the Fund for the cost to the Fund of providing any benefits under this subpara- graph that are not otherwise paid for by a transferred employee under clause (i). (E) SPECIAL PROVISIONS TO ENSURE CONTINUATION OF LIFE INSURANCE BENEFITS.— (i) IN GENERAL.—An annuitant, as defined in sec- tion 8901 of title 5, United States Code, who is enrolled in a life insurance plan administered by an agency from which employees are transferred under this title on the day before the transfer date shall be eligible for coverage by a life insurance plan under sections 8706(b), 8714a, 8714b, or 8714c of title 5, United States Code, or by a life insurance plan established by the Office of the Comptroller of the Currency or the Cor- poration, as applicable, without regard to any regularly scheduled open season or any requirement of insur- ability. (ii) CONTRIBUTION OF TRANSFERRED EMPLOYEE.— Time period.