|compensation for death in iraq. usa vs japan||zeke|
Dec 22, 2003 11:37 AM
|a couple of weeks ago 2 japanese diplomats were killed in iraq. and as part of their govt benefit, in addition to any life insurance they may personally carry, receive almost one million us dollars tax free in a lump sum. this, i found out later, is a benefit that would also accrue for those in the j. military (self defense force), no matter what rank, who may be killed.
do americans killed in iraq receive any similar financial benefit?
Dec 22, 2003 12:28 PM
|Servicemens' Group Life Insurance. Unless a member opts out of it, it automatically grants one's family a lump sum of $250K, taxed of course. I think it costs something like $8 a pay period...I don't pay that much attention. What is compelling is that the amount was $200K for over a decade, only recently increasing to its current rate. Aside from SGLI, your children start collecting your Social Security immediate, and, depending on the circumstances of your death, rate automatic appointment to one of the service academies.
...So, we've got that going for us.....
Dec 22, 2003 12:37 PM
|thats good news.
its a bit different from the j. case though:
j. social security not sure how much
all levels receive the same amount.
Dec 23, 2003 8:59 AM
|How much has this program cost the people of Japan? 1 or 2 million total? Well worth it, politically speaking.|
Jan 9, 2004 10:23 PM
|just 1 million for each death plus admin costs.
the military and diplomats pay nothing for that insurance though, it is an automatic benefit.