23 Miss. Code. R. 104-7.10 - Military Pensions
A. The Air Force,
Army, Marine Corps, Navy and Coast Guard pay military pensions to military
retirees and survivors normally on the first day of the month.
B. There are three categories of
beneficiaries who may be entitled to military payments:
1. Retiree. A person with 20 years of service
who meet the requirements for entitlement.
2. Annuitant. A Survivor who is designated by
the retiree to receive benefits upon the death of the retiree under the Retired
Serviceman's Family Protection Plan (RSFPP), Survivor's Benefit Plan (SBP) or
both;
3. Allottee. Anyone other
than an annuitant of the RSFPP or SBP who is designated to receive money out of
the service member's or retiree's check.
a)
Entitlement as an allottee terminates upon the death of the retiree. However,
an allottee can become an annuitant when the retiree dies.
C. The RSFPP and SBP annuitant
programs pay money to surviving spouse(s) and children. The SBP program also
pays:
1. "Insurable interest" persons, i.e.,
someone other than a surviving spouse or child that a service member designates
to receive survivor benefits based on monies withheld from his/her retirement
payment under the provisions of the SBP program; and
2. Minimum income level widows (MIW) who are
certified by the VA as having low income and are referred by the Department of
Defense (DOD).
D. This
type of income is treated as follows:
1.
Military pensions are counted as unearned income.
2. Payments to Minimum Income Widows are
counted as income based on need (IBON) not subject to the $50/$20 general
income exclusion.
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