- HOME
- DEPT NY
- VETERANS
- MEM-STATS
- VA
- WOMEN WARRIORS
- EXCELSIOR COLLEGE
- PHOTO GALLERY
- CONTACT US
- VFW
- Mens Auxiliary
LIFE MEMBER PAYOUT
Date: Wednesday, March 16, 2011, 12:28
PM
The Cottonwood Group, actuaries, have
calculated and suggested the amount of payout that the Life
Membership Fund can support.
The Life Membership Board of Trustees
concur and have fixed the following dues payout for Life Members on
March 5, 2011, and the National Council of Administration concurred
in that payout at its March 6, 2011, National C of A meeting.
Life Member payout September 2011,
January 2012, July 2012 will be:
Plan ABC
A total payout of $10.02 for each life member ($3.34 to each Post
Department and National).
Plan D
A total payout of $12.18 for each life member ($4.06 to each Post
Department and National).
Plan E
A total payout of $26.16 for each life member ($8.72 to each Post
Department and National).
Correspondence is en route, however, we
wanted to get this information to you as soon as possible, because
we know it affects your State/Department budget.
| Attained Age | One Time | 12 Month | 24 Month Plan |
| On 12/31 | Payment | Payment Plan | Payment Plan |
| Through age 30 | $425.00 | $40.39 | $20.23 |
| 31-40 | $410.00 | $39.02 | $19.58 |
| 41-50 | $375.00 | $35.84 | $18.05 |
| 51-60 | $335.00 | $32.20 | $16.32 |
| 61-70 | $290.00 | $28.11 | $14.36 |
| 71-80 | $225.00 | $22.20 | $11.53 |
| Plus 81 | $170.00 | $17.20 | $9.14 |