A bill to amend title 5, United States Code, to assure that benefits under the Federal employees health benefits program for retired Federal employees are not reduced below the level in effect at the time of retirement, and for other purposes.

Requires the Office of Personnel Management to provide that benefits available to annuitants who continue their enrollment in Federal employee health benefit plans are not less than the benefits available to such individuals before retirement.

Declares that any additional subscription charges required as a result of this Act shall be covered by Government contributions.

Provides for the application of this Act to any individual who is or becomes an annuitant after the date of enactment.