78 STAT.]
PUBLIC LAW 88-284-MAR. 17, 1964
(6) Section 3 (5 IT.S.(\ 8002) is amended by adding at the end thereof the following new subsection: " ( ^) Any annuitant (including an individual receiving monthly compensation as a result of injury sustained prior to the effective date specified in section 16 and who would be an annuitant if the injury or illness had been sustained or contracted on or after that date) who at the time he became an annuitant shall have been enrolled in a health benetits plan under this Act and who at the time he became an annuitant was ineligible to continue his enrollment may, upon his application before December 31, 1964, and under such other conditions of eligibility as the Commission may by regulation prescribe, prospectively enroll in an approved health benefits plan described in section 4. either as an individual or for self and family. (7) Section 6(d) (5 U.S.Cl 3005(d)) is amended by adding at the end thereof the following new sentence: "The (Commission may terminate the contract of any carrier effective at the end of a contract term, if the Commission finds that at no time during the preceding two contract terms did the carrier have three hundred or more employees and annuitants (exclusive of family members) enrolled for its plan." (8) Section 6(f) (5 U.S.C. 3005(f)) is amended by striking out "', on such terms or conditions as are prescribed by the carrier and approved by the Commission". (9) Section 6(g) (5 U.S.C. 3005(g)) is amended by striking out '\ at the option of the employee or annuitant,". (10) Section 7(a)(1) (5 U.S.C. 3006(a)(1)) is amended— (A) by striking out the comma at the end of clause (A) thereof and inserting "and" in lieu of such comma; and (B) by striking out "(other than as provided hi clause (C) of this paragraph), and (C) not less than $1.75 or more than $2.50 biweekly for a female employee or annuitant enrolled for self and family including a nondependent husband". (11) Section 7(a)(2) (5 U.S.C. 3006(a)(2)) is amended to read as follows: "(2) For an employee or annuitant enrolled in a plan described under section 4(3) or (4) for which the biweekly subscription charge is less than twice the Government contribution established under paragraph (1) of this subsection, the Government contribution shall be 50 per centum of the subscription charge." (12) Section 8(b) (5 U.S.C. 3007(b)) is amended by inserting immediately after the first sentence thereof the following new sentences: "The Commission, from time to time and in such amounts as it considers appropriate, may transfer unused funds for administrative expenses to the contingency reserves of the plans then under contract with the Commission. When funds are so transferred, each contingency reserve shall be credited in proportion to the total amount of the subscription charges paid and accrued to the plan for the contract term immediately preceding the contract term in which the transfer is made." (13) Section 8 ( 5 U.S.C. 3007) is amended by adding at the end thereof the following new subsection: " (d)(1) Whenever the assets, liabilities, and membership of employee organizations sponsoring or underwriting plans approved under section 4(3) have been or are hereafter merged, the assets (including contingency reserves) and liabilities of the plans sponsored or underwritten by the merged organizations shall, at the beginning of the contract term next following the date of the merger or enactment of this subsection, be transferred to the plan sponsored or underwritten by the successor organization. Each employee or
165
Enrollment eligibility. 5 USC 3001 note.
5 USC 3003. e o n t r a c t terminations, conditions.
73 Stat. 713. Government contributions. 5 USC 3003.
contingency reserve.
Reserve funds, transfer.
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