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Privacy Act of 1974; System of Records
Plain English Summary
The VA is updating its records system called the Beneficiary Fiduciary Field System (BFFS). This system holds information about beneficiaries who cannot manage their finances, as determined by the VA or a court. Insurance agents should be aware of these changes as they may affect how benefits are administered for these individuals.
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Pursuant to the Privacy Act of 1974, notice is hereby given that VA is modifying a system of records in its inventory titled, Beneficiary Fiduciary Field System (BFFS)-VA (37VA27). This system contains records used for the administration of benefits regarding beneficiaries who VA or a court has deemed unable to manage their financial affairs.