I always read my military pay stub, the Leave and Earnings Statement or LES. This month it said:
THE SERVICE MEMBERS GROUP LIFE INSURANCE AND FAMILY SGLI PREMIUM RATES WILL BE REDUCED EFFECTIVE 1 JULY 2019. THIS WILL LOWER PREMIUM RATES FOR ALL SERVICE MEMBERS. FOR NEW RATES VISIT: HTTPS://WWW.BENEFITS.VA.GOV/INSURANCE/SGLI.ASP
My SGLI of $400,000 just went from $29 per month to $25 per month. If you click on the link above, you can see the old and new rate tables.
Here are this week’s articles: