An Act reenacting and amending the title and the act of September 26, 1961 (P. L. 1661, No. 692), entitled "An act providing for group life insurance for State employees; establishing a schedule; providing for payment; providing for reduction of insurance upon retirement; authorizing the Secretary of Property and Supplies to act as exclusive agent for the purpose of contracting for insurance; and providing for administration and advisory services by the Department of Property and Supplies," bringing the group life insurance plan into conformance with Federal legislation and making it more flexible.