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Some Military Benefits Have Increased
I receive this info from my Senator's Capitol update newsletter. Pretty interesting. I wasn't aware that the benefits were THAT low in the first place, but I'm glad to see that its now been raised to a decent level.
~~~~~~~~~~~~ From Senator Tiahrt... Congress increased the maximum life insurance benefits for service members from $250,000 to $400,000; the onetime death gratuity for combat related fatalities is increased from $12,000 :eek: to $100,000 and is made retroactive to the start of the conflict in Afghanistan. We have also put veterans' medical care as a high priority in this year's budget. The Fiscal Year 2006 budget calls for the highest funding level in history for veterans medical services, with an increase of 9 percent or $1.6 billion over last year. Since 2001, Veteran's medical care funding has increased by 40 percent. |
Glad to hear about the Servicemembers Group Life Insurance (SGLI) change...I just hope that my monthly deduction does not increase (currently $16.25 for $250,000 coverage). My LES for 1-31 May 05 is still showing the deduction as SGLI for 250,000, I guess it will be a month or two before it reflects 400,000.
Just one of those reasons why my paperwork says "MAX BY LAW" instead of a specific amount :) |
For once in umpteen Legislative Sessions, the Kansas Delegates finally did something Good!
Our Citizen Military Men/Women desearved a Break for each of them and their Familys.:) I can feel for this as one of My Co Business Owners in the Shopping Center is in for His Second Term with the Marine Researves in Iraq with a Wife and Three young daughters at home. Also Two of My Chapter Brothers who are in Iraq. May all of Our Men/Women Be Safe!!!! |
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