Veterans Flexibility of Annuities for Income Relief Act of 2018 or the Veterans FAIR Act of 2018
This bill expands the circumstances under which an individual may opt out of the Survivor Benefits Plan for veterans, including by extending the opt-out window from one year to six years.
[Congressional Bills 115th Congress]
[From the U.S. Government Publishing Office]
[H.R. 6281 Introduced in House (IH)]
<DOC>
115th CONGRESS
2d Session
H. R. 6281
To amend title 10, United States Code, to expand the circumstances
under which participants may elect to discontinue participation in the
Survivor Benefits Plan, and for other purposes.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
June 28, 2018
Mr. Gonzalez of Texas (for himself, Mr. Kelly of Mississippi, Mr. Young
of Alaska, Mr. Bacon, and Mr. Moulton) introduced the following bill;
which was referred to the Committee on Armed Services
_______________________________________________________________________
A BILL
To amend title 10, United States Code, to expand the circumstances
under which participants may elect to discontinue participation in the
Survivor Benefits Plan, and for other purposes.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``Veterans Flexibility of Annuities
for Income Relief Act of 2018'' or the ``Veterans FAIR Act of 2018''.
SEC. 2. CONDITIONS UNDER WHICH A PARTICIPANT MAY ELECT TO DISCONTINUE.
Section 1448a(a) of title 10, United States Code, is amended--
(1) by striking ``at any time'' and all that follows
through ``commences.'' and inserting an em dash; and
(2) by adding at the end the following new paragraphs:
``(1) at any time during the six-year period beginning on
the second anniversary of the date on which payment of retired
pay to the participant commences; or
``(2) if the Secretary determines that each beneficiary of
that participant has been--
``(A) diagnosed with a terminal illness; or
``(B) admitted into hospice care.''.
<all>
Introduced in House
Introduced in House
Referred to the House Committee on Armed Services.
Referred to the Subcommittee on Military Personnel.
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