Show Vets to receive in Gl insurance Nearly Utah veterans will receive a total In GI insurance dividends under the speeded up payment program ordered by president to assist national according to Elmer J. manager of Salt Lake Regional THE MANAGER pointed out that the dividends would go to those veterans holding participating VA life insurance and that he had just received word from John S. new administrator of Veterans that all payments should be completed by April This new target date is some three months earlier than VA's original estimate as to how soon the gigantic job of paying more than five million veterans could be The Administrator announced that new deadline was the result of the use of overtime and the cooperation of other government agencies in loaning special Smith explained that this was not a special dividend but was merely an advance payment of the regular 1961 dividends which are normally paid shortly after the anniversary date of each This that a veteran whose policy has an anniversary date next December will receive a dividend by April THE ACCELERATED payment which will put a quarter of a billion dollars in circulation was ordered by President John F. Kennedy as an important factor in the tion's plan to stimulate national Smith pointed out that the payments will be automatic and that no applications need be He urged that policy refrain from contacting the Veterans Administration until after the deadline in order not to tie up VA personnel |