Loading…
S. 385119th CongressIn committeeLatest action Feb 4, 2025Decoded by AI · checked against the record
Official title: Fairness for Servicemembers and their Families Act of 2025
Introduced:
Read the official bill on Congress.govThe plain-language version leads. The official text is always the reference.
S 385 requires the VA to review the $500,000 SGLI/VGLI coverage cap every 5 years against inflation, starting Jan. 1, 2026.
50-second read · 4 questions answered below
Senate Bill 385 requires the VA Secretary to review the $500,000 maximum coverage limit for Servicemembers' Group Life Insurance and Veterans' Group Life Insurance every five years, beginning January 1, 2026. The review compares the current cap to what $500,000 would be worth after adjusting for inflation using the Consumer Price Index. The review does not automatically raise the limit; the Secretary must instead report findings to the Veterans' Affairs committees in both the House and Senate.
The bill affects active-duty service members enrolled in SGLI, veterans enrolled in VGLI, and their families who would receive insurance payouts. It also places a new reporting responsibility on the Department of Veterans Affairs.
The $500,000 maximum has not been regularly updated to keep pace with inflation, which is the stated basis for requiring periodic reviews. Congressional committees could use the reports to decide whether to raise the coverage cap to better reflect current cost of living.
AI-drafted summary. Verify it against the official text before you act on it. Read the official bill on Congress.gov
Right now: a Senate committee is reviewing it. If the House changes it, it goes back to the Senate before reaching the President.
Latest action: — Read twice and referred to the Committee on Veterans' Affairs.