Blog Archives

Shady Investment Companies Still Targeting Retirees and Their Pensions

Need cash fast?  Just turn on daytime television and watch all the commercials that offer to “help” you with your pressing financial needs, should you already have an annuity. Or a car, if you need a small amount of cash. Or a … While promises of quick cash easily obtained isn’t new, what is new is the upswing in the number of companies targeting military retirees and their pensions. These predatory lenders have managed to elude federal and state laws while bilking thousands of dollars from retirees and their families,...

Report Blasts VA for Claims Error Rates, Inefficiency

A report by the conservative-leaning National Center for Policy Analysis has blasted the Veterans Administration for chronic inefficiency and poor disability claims processing performance. The Veterans Administration is disputing the findings. The original report, The Veterans Disability System: Problems and Solutions, found that over 6 in 10 denials of claims were found to be erroneous on appeal. This represents a significant amount of total claims, since 31 percent of initial claims are denied. The study’s authors find...

Disabled Veterans and Distance Learning Opportunities

There is no doubt that making the transition from military life to civilian life is an often stressful time, even for those without service-related disabilities.  As more and more veterans return home from Afghanistan and Iraq with a range of disabilities, the online environment may be a prime starting point for those needing to ease into civilian life.  Even for wounded veterans who wish to continue their service, having the ability to attend school anywhere, anytime may give them an advantage when or if they do choose to work...

Sequestration Details Released

Do you know the amount of funding the Department of Defense will automatically lose on January 2nd, 2013 to the mandatory budget cuts known as sequestration? $54.7 billion The personnel accounts (military payroll) and the Department of Veteran Affairs exemption still stand. This is only the first cut that sequestration mandates over a ten year period, adding up to approximately $500 billion in cuts overall to defense. Sequestration is the requirement, by law, to automatically balance the national budget with mandatory...

VA’s 2013 Budget Submission and Goals

The Department of Veterans Affairs (VA) has a big goal for 2012: to transform the VA into a 21st Century organization that is Veteran-centric, results-driven, and forward-looking. To accomplish these objectives, the VA has established management systems to ensure accountability, maximize efficiency and effectiveness, and eliminate waste while improving the delivery of high quality and timely benefits and services to Veterans. The Department’s budget request for 2013 is $140.3 billion. This includes almost $64 billion in discretionary...

House Passes 2013 COLA for Veterans

The House has passed H.R. 4114, the Veterans' Compensation Cost-of-Living Adjustment Act of 2012. If it is signed into law by also passing the Senate vote, H.R. 4114 will increase the annual cost-of-living rate for veterans beginning on December 1, 2012. This year's estimated COLA increase will be approximately 1.9 percent. For many, passage of the COLA each year is merely a formality. But it has typically been pushed to the end of the year, and after there were a few last-minute votes in 2011 for military pay, it is a relief...

Webinar Series for Vets and Transitioning Military

Grantham University is offering 2 series of complimentary webinars by their Career Services team. The series have been created to cover a variety of topics pertaining to the unique challenges in today's job market for transitioning service members and veterans. Shanna Fowler, career services manager, said "A common setback faced by transitioning service members is how to translate military experiences into corporate language — and how to best highlight their wide variety of skill sets for a specific position." She went...

2012 U.S. Military Retired Handbook

The United States Military Retired Handbook is designed to help all U.S. Military personnel who have retired - or who are planning to retire. This unique guide covers everything from the nuts and bolts of computing your Retirement Pay to the detailed explanations of retired military Healthcare, TRICARE, Social Security, VA, SBP, taxes, insurance, travel, survivor benefits and much more! Click Here to download this handbook.

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