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.
Air Force Secretary Frank Kendall doesn’t see great value in trying to break the Sentinel ICBM program off as a separate budget item the way the Navy has with its ballistic-missile submarine program, saying such a move wouldn’t create any new money for the Air Force to spend on other…