Newsletter

July 2019

Vets Views

Page 3 

 

Retirement Services Officers (RSOs)

Do you have questions on benefits, SBP, Retiree Appreciation Days or anything else retirement-related? Then contact the RSO for your area or go to the Army Retirement Services website http://www.armyg1.army.mil/retire (Note: That’s the number 1 after the g).

Sister Service Retiree Publications

Air Force Afterburner: http://www.retirees.af.mil/afterburner/

Coast Guard Evening Colors: http://www.uscg.mil/ppc/retnews/

Marine Corps Semper Fi: https://www.manpower.usmc.mil, then click on “Semper Fidelis Online” under “News and Features” Navy Shift Colors: http://www.npc.navy.mil/ReferenceLibrary/Publication

FOR IMMEDIATE RELEASE

June 25, 2019

VA to reduce rates for Servicemembers’ Group Life Insurance On July 1, the U.S. Department of Veterans Affairs (VA) will reduce Servicemembers’ Group Life Insurance (SGLI) monthly premium rates from 7 cents per $1,000 to 6 cents per $1,000 of insurance, along with Family SGLI Program (FSGLI) premium rates for spousal coverage at all age brackets. SGLI is a program that provides low-cost term life insurance coverage to eligible service members, while FSGLI provides group term life insurance coverage to the spouses and dependent children of service members insured under SGLI.

“VA continues to place the interests of service members and their families first by keeping SGLI premiums as low as possible, while ensuring funds are available to pay claims to beneficiaries,” said VA Secretary Robert Wilkie. “This is just another example of VA’s efforts to provide improved services to Veterans.”

The SGLI premium decrease impacts 2.1 million active duty service members, Reservist and National Guard members, while the FSGLI premium decrease impacts nearly 1 million of those members who have coverage for their spouses. This will mean a decrease of $4.00 a month in premiums for a service member with the maximum $400,000 of SGLI coverage.

Service members with spouses covered under FSGLI will see an additional average monthly premium decrease ranging from 10 to 32% depending on the age and the amount of coverage for the spouse. VA regularly reviews the claims experience and the financial position of the program and has reduced premiums whenever possible. Service members with SGLI and FSGLI coverage will begin seeing a change in the deduction from their pay during the month of July. Reservists drilling (monthly unit training) for retirement points rather than pay or not receiving pay for other reasons, will be billed by their service department for the reduced premium rates beginning in July 2019. For more information, visit www.benefits.va.gov/insurance for the tables of the new premium rates.

FOR IMMEDIATE RELEASE

June 26, 2019

VA partnership with Corporation for National Community Service supports older Veterans and their caregivers The U.S. Department of Veterans Affairs (VA) recently began partnering with the Corporation for National and Community Service (CNCS) to engage Senior Corps volunteers in support of VA’s Choose Home Initiative, enabling older Veterans to receive needed homemaker and daily living support in their homes, rather than move into health care institutions.

“VA supports Veterans who choose to remain home while receiving the care and services they need,” said VA Secretary Robert Wilkie. “This partnership will help improve Veterans’ health and well-being and will aid their families and caregivers through in-home assistance.”

CNCS is the federal agency that leads national volunteering and service efforts. Senior Corps volunteers are a nationwide network of service programs for volunteers age 55 or older who commit their time to a wide range of community needs. CNCS mobilizes Senior Corps volunteers to provide homemaker and in-home respite care services to eligible Veterans, so those Veterans can remain in their own homes, live more independently and stay close to their families, caregivers and support services. Homemakers assist with activities of daily living, such as light housekeeping and preparing meals. Respite care services temporarily relieve caregivers of their duties, so they may rest and return refreshed.

Through this interagency collaboration, which was formally agreed to in May, CNCS is providing volunteer support services in the following five communities that are part of the Senior Care Choose Home Program: Colorado Springs, Colorado; Las Vegas, Nevada; Missoula, Montana; Pittsburgh; and San Antonio. Senior Corps volunteers will receive training about Veteran-specific concerns, including suicide awareness and prevention, before providing services in Veterans’ homes.

Those participating in the partnership will also receive ongoing training on a variety of Veteran-related topics. “Through national service, our commitment to Veterans is twofold: We serve them and we invite them to serve with us,” said Barbara Stewart, CEO of CNCS. “This new Senior Corps project is a unique opportunity to do both, helping aging Veterans to ‘choose home’ while providing others with a second opportunity to serve.” For more information, visit https://www.va.gov/healthpartnerships.