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.
Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.
Summary
What This Bill Does
Amends Title 38 to require the Secretary of Veterans Affairs to conduct reviews every five years (starting January 1, 2025) of the automatic maximum life insurance coverage under Servicemembers' Group Life Insurance (SGLI) and Veterans' Group Life Insurance (VGLI), comparing it to an inflation-adjusted baseline.
Who Benefits and How
Servicemembers and veterans benefit from having their life insurance coverage levels systematically reviewed against inflation. Families of deceased servicemembers receive more appropriate coverage amounts that keep pace with cost of living.
Who Bears the Burden and How
VA bears administrative burden of conducting five-year reviews and reporting to Congress. No direct cost increase mandated - reports serve as guidance for potential coverage adjustments.
Key Provisions
- Requires review every 5 years starting January 1, 2025
- Compares current $500,000 max to inflation-adjusted amount using Consumer Price Index
- Results submitted to House and Senate Veterans' Affairs Committees
- Reviews serve as guide for coverage increases within existing structure
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers.
At a Glance
What This Bill Does
Requires VA to periodically review SGLI/VGLI maximum coverage amounts against inflation and report to Congress
Who Benefits
- Servicemembers
- Veterans
- Military families
Who Bears Costs
- VA (administrative burden)
Key Policy Areas
Veterans Affairs, Insurance, Military
Primary Purpose
Requires VA to periodically review SGLI/VGLI maximum coverage amounts against inflation and report to Congress
Policy Domains
Legislative Strategy
"Ensure military life insurance keeps pace with inflation through periodic review"
Sponsors
Legislative Progress
Passed SenateMr. Cornyn (for himself, Ms. Hassan, Mr. Braun, Mr. Cruz, …
Passed Senate (inferred from es version)
Stakeholder Effects
cui bono?How this legislation distributes effects. Mention counts reflect frequency, not effect magnitude.
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "the_secretary"
- → Secretary of Veterans Affairs
Key Definitions
Terms defined in this bill
Consumer Price Index for All Urban Consumers published by Bureau of Labor Statistics
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
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