5 U.S.C. § 8704: Group insurance; amounts

the employee’s basic insurance amount, multiplied by the appropriate factor determined on the basis of the employee’s age in accordance with the following schedule: If the age of the employee is The appropriate factor is: 35 or under 2.0 36 1.9 37 1.8 38 1.7 39 1.6 40 1.5 41 1.4 42 1.3 43 1.2 44 1.1 45 or over 1.0. An employee eligible for insurance is entitled to be insured for group accidental death and dismemberment insurance in accordance with this subsection. Subject to the conditions and limitations approved by the Office of Personnel Management which are contained in the policy purchased by the Office, the group accidental death and dismemberment insurance provides payment as follows: Loss Amount payable For loss of life Full amount of the employee’s basic insurance amount. Loss of one hand or of one foot or loss of sight of one eye One-half the amount of the employee’s basic insurance amount. Loss of two or more such members Full amount of the employee’s basic insurance amount. For any one accident the aggregate amount of group accidental death and dismemberment insurance that may be paid may not exceed an amount equal to the employee’s basic insurance amount. premium pay under section 5545(c)(1) of this title ; and with respect to a law enforcement officer as defined in section 8331(20) or 8401(17) of this title, premium pay under section 5545(c)(2) of this title . a change in rate of pay under subchapter VI of chapter 53 of this title is deemed effective as of the first day of the pay period after the pay period in which the payroll change is approved; and a change in rate of pay under section 5344 or 5349 of this title is deemed effective as of the date of issuance of the order granting the increase or the effective date of the increase, whichever is later, except, that in the case of an employee who dies or retires during the period beginning on the effective date of the increase and ending on the date of the issuance of the order granting the increase, a change in rate of pay under either of such sections shall be deemed as having been in effect for such employee during that period. all changes in rates of pay which result from the enactment of this title [see Short Title Note under section 5332 of this title ] except Postal Field Service Schedule II, Rural Carrier Schedule II, and sections 207, 212, 213(d) and (e), 215, 219, and 225) shall be held and considered to become effective as of the date of such enactment [ Dec. 16, 1967 ]; and all changes in rates of pay which result from the enactment of section 212 of this title [enacting provisions set out as a note under section 5303 of this title ] and which take effect retroactively from the date on which the adjustments thereof are actually ordered under such section, shall be held and considered to become effective on the date on which such adjustments are actually ordered.”