5 U.S. Code § 8709 - Insurance policies
(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.
(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.
Source(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.)
|Derivation||U.S. Code||Revised Statutes and Statutes at Large|
|5 U.S.C. 2096 (less (c)–(e)).||Aug. 17, 1954, ch. 752, § 7 (less (c)–(e)), 68 Stat. 739.|
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.
2011—Subsec. (a). Pub. L. 111–350substituted “section 6101 (b) to (d) of title 41” for “section 5 of title 41” in introductory provisions.
1980—Subsec. (d). Pub. L. 96–427added subsec. (d).
1978—Subsecs. (a) to (c). Pub. L. 95–454substituted “Office of Personnel Management” and “Office” for “Civil Service Commission” and “Commission”, respectively, wherever appearing.
Effective Date of 1980 Amendment
Amendment by Pub. L. 96–427effective Oct. 10, 1980, with the amendment to have no effect in case of an employee who died, was separated, or retired before Oct. 10, 1980, see section 10(a) ofPub. L. 96–427, set out as a note under section 8701 of this title.
Effective Date of 1978 Amendment