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Mandatory Inflation Review of Servicemembers' and Veterans' Life Insurance Coverage.

This Act mandates that the Department of Veterans Affairs (VA) must periodically review the maximum coverage limits for Servicemembers' Group Life Insurance (SGLI) and Veterans' Group Life Insurance (VGLI). Starting in 2026, this review will occur every five years to ensure that the maximum benefit amount keeps pace with inflation, measured by the Consumer Price Index (CPI). This change helps protect the financial security of military families by preventing the real value of their life insurance benefits from eroding over time.
Key points
Requires mandatory, periodic (every five years, starting 2026) review of SGLI and VGLI maximum coverage amounts.
The review compares the current maximum coverage to a baseline of $500,000 adjusted for the average Consumer Price Index (CPI) change over the preceding five years.
The goal is to guide potential future increases in coverage limits to maintain the real value of benefits for military families.
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Additional Information
Print number: 119_HR_970
Sponsor: Rep. Strickland, Marilyn [D-WA-10]
Process start date: 2025-02-04
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Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Fairness for Servicemembers and their Families Act of 2025

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_HR_970.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2025-02-04.

What are the main provisions?

Key points include:

  • Requires mandatory, periodic (every five years, starting 2026) review of SGLI and VGLI maximum coverage amounts.
  • The review compares the current maximum coverage to a baseline of $500,000 adjusted for the average Consumer Price Index (CPI) change over the preceding five years.
  • The goal is to guide potential future increases in coverage limits to maintain the real value of benefits for military families.
What is the specific legal status?

The current status is Became Law.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Strickland, Marilyn [D-WA-10].

What is the latest detailed status?

The latest detailed status is: Became Public Law No: 119-54.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2026-01-24.

CATEGORIES

Benefits Security