Title 38 — Veterans' BenefitsRelease 119-73

§1980B Periodic review of automatic maximum coverage

Title 38 › Part PART II— - GENERAL BENEFITS › Chapter CHAPTER 19— - INSURANCE › Subchapter SUBCHAPTER III— - SERVICEMEMBERS’ GROUP LIFE INSURANCE › § 1980B

Last updated Apr 6, 2026|Official source

Summary

On January 1, 2026, and every five years after, the Secretary must compare the amount listed in section 1967(a)(3)(A)(i) to a calculated figure and send the review results to the House and Senate Veterans’ Affairs Committees. The results can be used as a guide for increasing coverage under the current administrative step system. The calculated figure equals $500,000 multiplied by the average percentage change in the Consumer Price Index over the five fiscal years before the review. The Consumer Price Index means the CPI for All Urban Consumers published by the Bureau of Labor Statistics.

Full Legal Text

Title 38, §1980B

Veterans' Benefits — Source: USLM XML via OLRC

(a)On January 1, 2026, and every five years thereafter, the Secretary shall—

(1)complete a review of how the amount specified in section 1967(a)(3)(A)(i) compares to the amount described in subsection (b); and

(2)submit to the Committees on Veterans’ Affairs of the House of Representatives and the Senate the results of the review, which may serve as a guide for coverage increases within the existing administrative incremental structure.

(b)The amount described in this subsection is the amount equal to—

(1)$500,000; multiplied by

(2)the average percentage by which the Consumer Price Index changed during the five fiscal years preceding the review under subsection (a).

(c)In this section, the term “Consumer Price Index” means the Consumer Price Index for All Urban Consumers published by the Bureau of Labor Statistics of the Department of Labor.

Reference

Citations & Metadata

Citation

38 U.S.C. § 1980B

Title 38 — Veterans' Benefits

Last Updated

Apr 6, 2026

Release point: 119-73