PPRuNe Forums - View Single Post - Financial Ombudsman decision against AFPS
Old 21st Dec 2014, 22:49
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Al R
 
Join Date: Jul 2007
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I tweeted this earlier; the US Congress has just funded a study linking ignorance of financial capability and personal financial debt, to suicide within the military.

Landmark Military Suicide Prevention Study Approved by Congress | Financial Planning

While most Americans believe the military suicide epidemic is driven mainly by lingering combat trauma, Financial Planning’s investigation found that more than 80% of suicides were among soldiers who did not see combat – and more than half of the suicides in 2012 were among soldiers who never even deployed.

In addition, the survivors of all active-duty soldiers who die are eligible for government-paid, $500,000 life insurance payments and other death benefits, perhaps creating an inadvertent incentive. Also, under military policy, financial planners who work for the military and who step up to help soldiers and veterans in financial crisis beyond rudimentary assistance run the risk of being fired for going beyond the scope of their contracts.
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