Section 12533 - Termination of program(b) TERMINATION OF NEW ENROLLMENTS.-The Secretary may not enroll a member of the Ready Reserve for coverage under the insurance program after November 18, 1997.(c) TERMINATION OF COVERAGE.-(1) The enrollment under the insurance program of insured members other than insured members described in paragraph (2) is terminated as of November 18, 1997. The enrollment of an insured member described in paragraph (2) is terminated as of the date of the termination of the period of covered service of that member described in that paragraph.(2) An insured member described in this paragraph is an insured member who on November 18, 1997, is serving on covered service for a period of service, or has been issued an order directing the performance of covered service, that satisfies or would satisfy the entitlement-to-benefits provisions of this chapter.(d) TERMINATION OF PAYMENT OF BENEFITS.-The Secretary may not make any benefit payment under the insurance program after November 18, 1997, other than to an insured member who on that date (1) is serving on an order to covered service, (2) has been issued an order directing performance of covered service, or (3) has served on covered service before that date for which benefits under the program have not been paid to the member.(e) TERMINATION OF INSURANCE FUND.-The Secretary shall close the Fund not later than 60 days after the date on which the last benefit payment from the Fund is made. Any amount remaining in the Fund when closed shall be covered into the Treasury as miscellaneous receipts.Added Pub. L. 105-85, div. A, title V, §512(a), Nov. 18, 1997, 111 Stat. 1729; amended Pub. L. 107-107, div. A, title X, §1048(c)(15), Dec. 28, 2001, 115 Stat. 1226.EDITORIAL NOTES
AMENDMENTS2001-Subsecs. (b), (c)(1). Pub. L. 107-107, §1048(c) (15)(A), substituted "November 18, 1997." for "the date of the enactment of this section."Subsecs. (c)(2), (d). Pub. L. 107-107, §1048(c) (15)(B), substituted "November 18, 1997," for "the date of the enactment of this section".
- Fund
- The term "Fund" means the Reserve Mobilization Income Insurance Fund established by section 12528(a) of this title.
- Secretary
- The term "Secretary" means the Secretary of Defense.
- covered service
- The term "covered service" means active duty performed by a member of a reserve component under an order to active duty for a period of more than 30 days which specifies that the member's service-(A) is in support of an operational mission for which members of the reserve components have been ordered to active duty without their consent; or(B) is in support of forces activated during a period of war declared by Congress or a period of national emergency declared by the President or Congress.
- insurance program
- The term "insurance program" means the Ready Reserve Mobilization Income Insurance Program established under section 12522 of this title.
- insured member
- The term "insured member" means a member of the Ready Reserve who is enrolled for coverage under the insurance program in accordance with section 12524 of this title.