Are surviving spouses who receive Dependency Indemnity Compensation (DIC) payments from the Department of Veterans Affairs eligible to apply for this insurance?
Yes. A DIC payment is a survivor annuity. [ Back to Top of Page ] 6. I’m receiving a “variable separation incentive” from the uniformed services. I was an officer and my position was eliminated. I was offered and accepted a variable separation incentive equal to two times my service time. Am I eligible to apply for this Program? No, you are not. A variable separation incentive payment does not qualify as retired or retainer pay for purposes of the Long-Term Care Security Act. You do not have retirement status that would qualify you to apply for coverage under this Program.
Related Questions
- My spouse was Army retired, and I now receive Dependency and Indemnity Compensation (DIC) from the Department of Veterans Affairs. Am I entitled to any military benefits?
- Are surviving spouses who receive Dependency Indemnity Compensation (DIC) payments from the Department of Veterans Affairs eligible to apply for this insurance?
- What is Dependency and Indemnity Compensation (DIC)?