October 10, 2013 |
WASHINGTON - The Senate sent to the White House legislation that would restart death benefits for families of military members who die on active duty, and the president signed the bill Thursday night even though his spokesman had said it was not needed. “There's an obvious, available fix” for dealing with the government services that have fallen victim to the lapse in spending authority, White House Press Secretary Jay Carney said. “Open the government.” [Updated, 5:40 p.m. Oct. 10: Hours later, Obama signed the bill, even though a private charity had agreed to pay death benefits to the families, taking pressure off the White House to act. ]
February 16, 1991
Some of the compensation and benefits available to dependents of U.S. military personnel who die in the line of duty. The list is not all-inclusive: DEATH GRATUITY: $3,000 payment immediately upon death of a member on active duty. HOUSING: 90 days of cash for quarters allowance, if eligible, or rent-free occupancy of military housing, if occupying such housing. INSURANCE: Payment of $50,000 from servicemen's group life insurance, if member opted for maximum coverage.
April 23, 2012 |
Life insurance giant MetLife Inc. will shell out nearly $500 million to settle a multi-state probe into its alleged failure to pay death benefits to beneficiaries. The company said it will pay out about $438 million over the next 17 years, with $188 million going out to beneficiaries this year. Insurance regulators from dozens of states have accused the company of delaying or withholding life insurance payments to many of its policyholders. About $40 million of that will likely end up in California, said State Controller John Chiang . The funds will either be sent on to beneficiaries of deceased MetLife policyholders or stored in state coffers as unclaimed property.
October 9, 2013 |
WASHINGTON - President Obama is ordering his administration to restart payment of death benefits to the families of fallen military personnel despite the government shutdown, the White House said Wednesday. Obama was “not pleased” to learn that death benefits were not being paid and that grieving families were waiting for their stipends to cover the cost of burials, White House Press Secretary Jay Carney said. “The president expects this to be fixed today,” Carney told reporters in the daily White House briefing.
April 5, 2003 |
The families of U.S. soldiers killed in action or in accidents during the Iraq war are eligible for death benefits that could range from $250,000 to more than $800,000. The benefits are generally extended to the people who would have relied on the service member's income for economic security, and some can endure for the lifetime of the survivor. Dependent children are eligible for additional compensation, although many of those benefits are terminated if a surviving spouse remarries.
May 24, 2011 |
California officials, setting their sights on life insurance companies, want to know whether executives are boosting profits by delaying or failing to pay death benefits quickly enough to heirs or to search aggressively for the beneficiaries. Unpaid life insurance benefits nationwide exceed $1 billion, according to the National Assn. of Insurance Commissioners. It's not known how much of that involves California policies. "I am concerned that the insurance industry is not holding up its end of the sacred bargain it stuck with its clients when it issued life insurance policies in the first place," state Controller John Chiang said at a hearing Monday.