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Lovington Leader in Lovington, New Mexico

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This newspaper page contains 2 articles. Subscribers can read the full text of each article.

Newspaper

Lovington Leader

Location

Lovington, New Mexico, United States of America

Date

Dec 13, 1949

Page

7

Veterans Benefits Revealed by VA Chief in Editorial

Carl R. Gray Jr of Veterans Affairs explains in a Wichita Beacon editorial that the $2.8 billion NSLI dividend for about 16 million World War II veterans is a legal earned return, not a bonus or treasury grab. He notes government costs, premium funding, and fewer non military deaths lowering mortality risk, enabling the surplus distribution.

Carl R. Gray, Jr Veterans Affairs Treasury Wichita Kansas Veterans Administration National Service Life Insurance NSLI Congress United States Treasury

Dividend payments under NSLI policy prompt January mailout

The NSLI dividend program will mail checks starting in January, with 200000 checks daily and a potential future for continued dividends if the NSLI Trust Fund remains surplus. The fund distribution depends on each policyholder’s face value and age group.

NSLI

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