What does Preamble of Fairness for Servicemembers and their Families Act of 2025 do?

This bill aims to amend title 38, United States Code. It requires 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.

What does SHORT TITLE. of Fairness for Servicemembers and their Families Act of 2025 do?

This bill is formally titled the Fairness for Servicemembers and their Families Act of 2025.

What does PERIODIC REVIEW OF AUTOMATIC MAXIMUM COVERAGE UNDER of Fairness for Servicemembers and their Families Act of 2025 do?

This section amends Title 38 of the United States Code to establish a process for periodic review of automatic maximum coverage under Servicemembers' Group Life Insurance and Veterans' Group Life Insurance. Beginning January 1, 2026, and every five years thereafter, the Secretary shall review the amount specified in section 1967(a)(3)(A)(i) compared to an amount calculated based on the Consumer Price Index. The Secretary must submit the results of this review to the House and Senate Committees on Veterans’ Affairs. The review results may be used as a guide for coverage increases within the existing administrative incremental structure. The amount described in subsection (b) is calculated as $500,000 multiplied by the average percentage change in the Consumer Price Index over the five preceding fiscal years.

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Fairness for Servicemembers and their Families Act of 2025

Last updated: 2/4/2025 · Introduced: 2/4/2025

Author: John Cornyn (R-TX)

TL;DR (AI)

The bill mandates periodic reviews of maximum coverage amounts under Servicemembers' Group Life Insurance and Veterans' Group Life Insurance programs.
Beginning in 2026, the Secretary of Veterans Affairs will review coverage levels against the Consumer Price Index, submitting findings to Congress every five years.
Review results may inform future increases to coverage amounts within existing administrative structures.

119th Congressin committeeHR. 970(Signed into Law)Official page

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Includes provisions on preamble, short title., and 1 more.

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