
From the U.S. Code Online via GPO Access
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[Laws in effect as of January 2, 2001]
[Document not affected by Public Laws enacted between
  January 2, 2001 and January 28, 2002]
[CITE: 10USC12525]

 
                         TITLE 10--ARMED FORCES
 
                     Subtitle E--Reserve Components
 
                      PART II--PERSONNEL GENERALLY
 
        CHAPTER 1214--READY RESERVE MOBILIZATION INCOME INSURANCE
 
Sec. 12525. Benefit amounts

    (a) Basic Benefit.--The basic benefit for an insured member under 
the insurance program is $1,000 per month (as adjusted under subsection 
(d)).
    (b) Reduced and Enhanced Benefits.--Under the regulations prescribed 
by the Secretary, a person enrolled for coverage under the insurance 
program may elect--
        (1) a reduced coverage benefit equal to one-half the amount of 
    the basic benefit; or
        (2) an enhanced benefit in the amount of $1,500, $2,000, $2,500, 
    $3,000, $3,500, $4,000, $4,500, or $5,000 per month (as adjusted 
    under subsection (d)).

    (c) Amount for Partial Month.--The amount of insurance payable to an 
insured member for any period of covered service that is less than one 
month shall be determined by multiplying \1/30\ of the monthly benefit 
rate for the member by the number of days of the covered service served 
by the member during such period.
    (d) Adjustment of Amounts.--(1) The Secretary shall determine 
annually the effect of inflation on benefits and shall adjust the 
amounts set forth in subsections (a) and (b)(2) to maintain the constant 
dollar value of the benefit.
    (2) If the amount of a benefit as adjusted under paragraph (1) is 
not evenly divisible by $10, the amount shall be rounded to the nearest 
multiple of $10, except that an amount evenly divisible by $5 but not by 
$10 shall be rounded to the next lower amount that is evenly divisible 
by $10.

(Added Pub. L. 104-106, div. A, title V, Sec. 512(a)(1), Feb. 10, 1996, 
110 Stat. 301.)

                  Section Referred to in Other Sections

    This section is referred to in section 12524 of this title.
