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Veterans benefits were a bargain for conservatives who feared increasingly high taxation and the extension of New Deal national government agencies. Veterans benefits would go to a small group without long-term implications for others, and programs would be administered by the VA, diverting power from New Deal bureaucracies.
[532] 500 retired military officers endorsed Republican nominee Mitt Romney in 2012. [531] Trump led in polling of military veterans and military households in September 2016, [531] [533] although his performance with this group trailed "well behind that of other recent Republican candidates". [531]
(US specific) In the U.S., there are two types of health insurance – tax payer-funded and private-funded. [3] A private-funded insurance plan example includes an employer-sponsored self-funded ERISA (Employee Retirement Income Security Act of 1974) plan. Typically, these companies promote themselves as having ties to major insurance providers.
The GI bill allowed many veterans to become homeowners, leading to a housing boom. However, this bill did not support Black veterans in the same way because mortgages and loans were not provided by the United States Department of Veterans Affairs but by private mortgage lenders who often discriminated through redlining.
During fiscal year 2009, retirement survivor benefits of some $10.5 billion were paid to about 589,000 beneficiaries, while net unemployment-sickness benefits of $160 million, including over $10 million in temporary extended unemployment benefits under the American Recovery and Reinvestment Act of 2009, were paid to more than 40,000 claimants.
The company created a program in which 3,600 workers who had reached the retirement age of 60 received full pension benefits, 4,000 workers aged 40–59 who had ten years with Studebaker received lump sum payments valued at roughly 15% of the actuarial value of their pension benefits, and the remaining 2,900 workers received no pensions.
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