Bills/S. 385

Fairness for Servicemembers and their Families Act of 2025

Fairness for Servicemembers and their Families Act of 2025

In CommitteeDefenseSenateSenate Bill · 119th Congress
Bill Progress · Senate
Introduced
Committee
Passed House
Passed Senate
Passed Both
Signed

Plain Language Summary

# Fairness for Servicemembers and their Families Act of 2025 - Plain Language Summary **What the Bill Does** This bill would require the Department of Veterans Affairs to review and update the maximum life insurance coverage amounts available to active-duty service members and veterans every five years. The reviews would be based on inflation trends over the previous five years (measured by the Consumer Price Index), ensuring that insurance coverage keeps pace with the rising cost of living rather than remaining frozen at outdated levels. **Who It Affects** The bill directly impacts active-duty military members and veterans who have access to Servicemembers' Group Life Insurance and Veterans' Group Life Insurance programs. These insurance programs provide financial protection for service members' families in case of death.

By potentially increasing coverage amounts, the bill aims to ensure that the death benefits remain meaningful and adequate over time. **Current Status** The bill was introduced by Senator John Cornyn (R-TX) and is currently in committee, meaning it has not yet been debated or voted on by the full Senate. No action has been taken on it yet.

CRS Official Summary

Fairness for Servicemembers and their Families Act of 2025This bill requires the Department of Veterans Affairs (VA) to periodically review and report on the maximum coverage available under the Servicemembers' Group Life Insurance and Veterans' Group Life Insurance programs. Specifically, the VA must review such coverage amount every five years, taking into account the average percentage by which the Consumer Price Index for All Urban Consumers (CPI-U) increased in the five fiscal years preceding the review.

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Latest Action

February 4, 2025

Read twice and referred to the Committee on Veterans' Affairs.

Subjects

Government studies and investigationsLife, casualty, property insuranceVeterans' pensions and compensation

Sponsor

R
Cornyn, John [R-TX]
R-TX · Senate
7 cosponsors

Key Dates

Introduced
February 4, 2025
Last Updated
February 4, 2025
Read Full Text on Congress.gov →
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