The increase for the Servicemember’s Group Life Insurance that Congress legislated earlier this year is set to start Thursday. The new maximum is $400,000. It goes into effect automatically, unless a service member declines or elects to reduce the coverage amount. To do that, the service member must complete a new form (SGLV 8286), which is available on the VA Web site. Read this announcement for more information.
The U.S. supports “a stronger and more capable” European defense, Defense Secretary Lloyd J. Austin III said during an Oct. 22 press conference in Brussels—but that defense should not duplicate the functions and capabilities of the NATO alliance.