Title 10, Armed ForcesRelease 119-110

§12530 Payment of Benefits

Title 10 › Subtitle E — Reserve Components › PART II — PERSONNEL GENERALLY › CHAPTER 1214 — READY RESERVE MOBILIZATION INCOME INSURANCE › § 12530

Last updated Sep 22, 2026|Official source

Summary

If an insured member serves more than 30 days of covered service, monthly payments must start within one month after the 30th day. The Secretary will set the rules for how payments are made. A member can name someone in writing (for example, a spouse or parent) to get the payments or to have them deposited to that person’s bank. If the member dies, payments go to the people the member named in writing or, if none, under the law of the member’s state of residence.

Full Legal Text

Title 10, §12530

Armed Forces, Source: USLM XML via OLRC

(a)Commencement of Payment.—

An insured member who serves in excess of 30 days of covered service shall be paid the amount to which such member is entitled on a monthly basis beginning not later than one month after the 30th day of covered service.

(b)Method of Payment.—

The Secretary shall prescribe in the regulations the manner in which payments shall be made to the member or to a person designated in accordance with subsection (c).

(c)Designated Recipients.—

(1)A member may designate in writing another person (including a spouse, parent, or other person with an insurable interest, as determined in accordance with the regulations prescribed by the Secretary) to receive payments of insurance benefits under the insurance program.

(2)A member may direct that payments of insurance benefits for a person designated under paragraph (1) be deposited with a bank or other financial institution to the credit of the designated person.

(d)Recipients in Event of Death of Insured Member.—

Any insurance payable under the insurance program on account of a deceased member’s period of covered service shall be paid, upon the establishment of a valid claim, to the beneficiary or beneficiaries which the deceased member designated in writing. If no such designation has been made, the amount shall be payable in accordance with the laws of the State of the member’s domicile.

Reference

Citations & Metadata

Citation

10 U.S.C. § 12530

Title 10, Armed Forces

Last Updated

Sep 22, 2026

Release point: 119-110