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38 U.S.C. § 1941 — Amount of insurance

Federal law — U.S. Code and appendices · legal_authorities

38 U.S.C. § 1941 — Amount of insurance

United States Government life insurance shall be issued against death or total permanent disability in any multiple of $500 and not less than $1,000 or more than $10,000. No person may carry a combined amount of National Service Life Insurance and United States Government life insurance in excess of $10,000 at any one time. The limitations of this section shall not apply to the additional paid up insurance the purchase of which is authorized under [section 1907 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title38-section1907&num=0&edition=prelim).

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Source location: Title 38, Chapter 19, § 1941; chapter-019-insurance.md

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Federal law — U.S. Code and appendices · legal_authorities

38 U.S.C. § 707 — Benefits for employees at overseas offices who are United States citizens

**(a)** The Secretary may, under such rules and regulations as may be prescribed by the President or the President’s designee, provide to personnel of the Department who are United States citizens and are assigned by the Secretary to the Department offices in the Republic of the Philippines allowances and benefits similar to those provided by the following provisions of law: (1) Section 905 of the Foreign Service Act of 1980 (relating to allowances to provide for the proper representation of the United States). (2) Sections 901(1), (2), (3), (4), (7), (8), (9), (11), and (12) of the Foreign Service Act of 1980 (relating to travel expenses). (3) Section 901(13) of the Foreign Service Act of 1980 (relating to transportation of automobiles). (4) Section 903 of the Foreign Service Act of 1980 (relating to the return of personnel to the United States on leave of absence). (5) Section 904(d) of the Foreign Service Act of 1980 (relating to payments by the United States of expenses for treating illness or injury of officers or employees and dependents requiring hospitalization). (6) [Section 5724a(c) of title 5](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title5-section5724a/c&num=0&edition=prelim) (relating to subsistence expenses for 60 days in connection with the return to the United States of the employee and such employee’s immediate family). (7) [Section 5724a(d) of title 5](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title5-section5724a/d&num=0&edition=prelim) (relating to the sale and purchase of the residence or settlement of an unexpired lease of the employee when transferred from one station to another station and both stations are in the United States, its territories or possessions, or the Commonwealth of Puerto Rico). **(b

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Federal law — U.S. Code and appendices · legal_authorities

38 U.S.C. § 1907 — Payment or use of dividends

**(a)** Until and unless the Secretary has received from the insured a request or directive in writing exercising any other dividend option allowable under the insured’s policy, any dividend accumulations and unpaid dividends shall be applied in payment of premiums becoming due on insurance subsequent to the date the dividend is payable after January 1, 1952. **(b)** No claim by an insured for payment in cash of a special dividend declared prior to January 1, 1952, shall be processed by the Secretary unless such claim was received within six years after such dividend was declared. Whenever any claim for payment of a special dividend, the processing of which is barred by this subsection, is received by the Secretary, it shall be returned to the claimant, with a copy of this subsection, and such action shall be a complete response without further communication. **(c)** The Secretary, upon application in writing made by the insured for insurance under this subsection, and without proof of good health, is authorized to apply any dividend due and payable on national service life insurance after the date of such application to purchase paid up insurance. Also, the Secretary, upon application in writing made by the insured during the one-year period beginning September 1, 1991, and without proof of good health, is authorized to apply any national service life insurance dividend credits and deposits of such insured existing at the date of the insured’s application to purchase paid up insurance. After September 1, 1992, the Secretary may, from time to time, provide for further one-year periods during which insureds may purchase additional paid up insurance from existing dividend credits and deposits. Any such period for the purchase of additional paid up insurance may be allow

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Federal law — U.S. Code and appendices · legal_authorities

38 U.S.C. § 741 — Executive Management Fellowship Program

**(a) Fellowship Program.—** There is in the Department an Executive Management Fellowship Program. The purpose of the program shall be to provide— (1) eligible employees of the Veterans Benefits Administration and the Veterans Health Administration with training and experience in the private sector; and (2) eligible employees of a private-sector entity with training and experience in the Department of Veterans Affairs. **(b) Fellowship.—** (1) A fellowship provided under this section is a 1-year fellowship during which— (A) with respect to a Department participant, the participant receives training and experience at a private-sector entity that is engaged in the administration and delivery of health care or other services similar to the benefits administered by the Secretary; and (B) with respect to a private-sector participant, the participant receives training and experience at the Veterans Benefits Administration or the Veterans Health Administration. (2) The Secretary shall enter into such agreements with private-sector entities as are necessary to carry out this section. **(c) Selection of Recipients.—** (1) In August of each year, the Secretary shall select— (A) not fewer than 18 and not more than 30 eligible employees of the Veterans Benefits Administration and the Veterans Health Administration to receive a fellowship under this section; and (B) not fewer than 18 and not more than 30 eligible employees of private-sector entities to receive a fellowship under this section. (2) To the extent practicable, the Secretary shall select eligible employees under subparagraphs (A) and (B) of paragraph (1) from among eligible employees who are veterans in a manner that is reflective of the demographics of the veteran population of the United States and

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Federal law — U.S. Code and appendices · legal_authorities

38 U.S.C. § 1941 — Amount of insurance

Page 518 TITLE 38—VETERANS’ BENEFITS § 1929 retary determines that the payment of such in- terest is administratively and actuarially sound for the settlement option involved. (2) Interest paid under subsection (a) of this section shall be at the rate that is established by the Secretary for dividends held on credit or deposit in policyholders’ accounts under the in- surance program involved. (Added Pub. L. 100–687, div. B, title XIV, § 1401(a)(1), Nov. 18, 1988, 102 Stat. 4128, § 728; re- numbered § 1928 and amended Pub. L. 102–83, §§ 4(b)(1), (2)(E), 5(a), Aug. 6, 1991, 105 Stat. 404–406.) Editorial Notes AMENDMENTS 1991—Pub. L. 102–83 renumbered section 728 of this title as this section and substituted ‘‘Secretary’’ for ‘‘Administrator’’ wherever appearing. Statutory Notes and Related Subsidiaries EFFECTIVE DATE Pub. L. 100–687, div. B, title XIV, § 1401(a)(3), Nov. 18, 1988, 102 Stat. 4129, provided that: ‘‘The amendments made by this subsection [enacting this section and sec- tion 763 [now 1963] of this title] shall take effect with respect to insurance policies maturing after the date of the enactment of this Act [Nov. 18, 1988].’’ § 1929. Authority to adjust premium discount rates (a) Notwithstanding sections 1902, 1923, and 1925 of this title and subject to subsection (b) of this section, the Secretary may from time to time adjust the discount rates for premiums paid in advance on National Service Life Insur- ance, Veterans’ Special Life Insurance, and Vet- erans Reopened Insurance. (b)(1) In adjusting a discount rate pursuant to subsection (a) of this section, the Secretary may not set such rate at a rate lower than the rate authorized for the program of insurance in- volved under section 1902, 1923, or 1925 of this title. (2) The

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