posted on Oct, 8 2013 @ 11:02 PM
The SGLI (Service Members Group Life Insurance) costs us money. $20-30 per soldier per month. They don't GIVE that to us.
1) $20 X 1million solders = 20 Million a month (where is that money going?)
2) Each soldier killed (any circumstance not deemed self inflicted) is 450K
***** THERE IS A LOT OF MONEY THAT IS GOING TO SOMEONE*******
Social security and the SGLI were paid for and now they are being threatened. Why not cut back on the things that are used without "skin in the
They raided and pilfered the Social Security funds and left IOU's. They most likely pilfered the SGLI funds and left nothing, because NOBODY looks at
them. 3% of the population has served in the military. Far less than 1% of the military will collect SGLI benefits (their NOK of course).
Detroit wanted to file bankruptcy and the judge wouldn't allow it. Why? Detroit has retirees that are entitled to what they worked for. Military
retirees have their retirement taken and nobody bats an eye.
It's a dangerous game they are playing. Today's military is "kinder and gentler" than it was 20 years ago. The last thing the .GOV wants to do is piss
off that group of individuals. A vast majority of retirees (military) derive their income from two sources. DoD retirement and Social Security. The
streets will be red in a month if this isn't fixed.
Maybe that's what they are hoping for though
+EDIT = Prudential Insurance Company has had the SGLI contract for 34 years. The rate for the insurance is 6.5 cents per $1000 of
coverage. so, in actuality the are getting $28 per soldier per month. Why is this being cut due to the shut down?
edit on 8-10-2013 by
200Plus because: (no reason given)