A review of the automatic maximum coverage amount is to be completed every five years
To amend title 38, United States Code, to require the Secretary of Veterans Affairs to periodically review the automatic maximum coverage under the Servicemembers' Group Life Insurance program and the Veterans' Group Life Insurance program, and for other purposes, section 2, Sec. 2.
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A review of the automatic maximum coverage amount is to be completed every five years
The document says “shall”Who acts: Secretary of Veterans AffairsHow: statuteSec. 2 in the PDF
What the document says
“complete a review of how the amount specified in section 1967(a)(3)(A)(i) compares to the amount described in subsection (b)”
Paragraph (1) of the new section 1980B(a). The review falls due on January 1, 2026, and every five years thereafter. What it compares is the amount specified in section 1967(a)(3)(A)(i) of title 38 against the amount the new section works out in its subsection (b). This Act does not state what section 1967(a)(3)(A)(i) specifies.
What the document actually says
“complete a review of how the amount specified in section 1967(a)(3)(A)(i) compares to the amount described in subsection (b)”
That sentence, in plain words
The VA must look at one number. It must see how that number stacks up against a second number.
What this is about
The first look is due on January 1, 2026. After that, one is due every five years. The first number is set in an older law. The second number is worked out later in this part.
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