Veterans

December 12, 2013

VA: New rates for compensation and pension benefits in 2014

WASHINGTON – Veterans, their families and survivors receiving disability compensation and pension benefits from the Department of Veterans Affairs will receive a 1.5 percent cost-of-living increase in their monthly payments beginning Jan. 1, 2014.

“We’re pleased there will be another cost-of-living increase for Veterans, their families and their survivors,” said Secretary of Veterans Affairs Eric K. Shinseki. “The increase expresses in a tangible way our Nation’s gratitude for the sacrifices made by our service-disabled and wartime Veterans.”

For the first time, payments will not be rounded down to the nearest dollar.  Until this year, that was required by law.  Veterans and survivors will see additional cents included in their monthly compensation benefit payment.

For Veterans without dependents, the new compensation rates will range from $130.94 monthly for a disability rated at 10 percent to $2,858.24 monthly for 100 percent.  The full rates are available on the Internet at www.benefits.va.gov/compensation/rates-index.asp.

The COLA increase also applies to disability and death pension recipients, survivors receiving dependency and indemnity compensation, disabled Veterans receiving automobile and clothing allowances, and other benefits.

Under federal law, cost-of-living adjustments for VA’s compensation and pension must match those for Social Security benefits.  The last adjustment was in January 2013 when the Social Security benefits rate increased 1.7 percent.

In fiscal year 2013, VA provided over $59 billion in compensation benefits to nearly 4 million Veterans and survivors, and over $5 billion in pension benefits to more than 515,000 Veterans and survivors.

For Veterans and separating Servicemembers who plan to file an electronic disability claim, VA urges them to use the joint DoD/VA online portal, eBenefits.  Registered eBenefits users with a premium account can file a claim online, track the status, and access a variety of other benefits, including pension, education, health care, home loan eligibility, and vocational rehabilitation and employment programs.




All of this week's top headlines to your email every Friday.


 
 

 

Maintenance versus repair … of our Airmen

LITTLE ROCK AIR FORCE BASE, Ark. (AFNS) — This commentary is not about aircraft, vehicles, or even any mechanical components. It’s about our Airmen and how we manage their care and development throughout their careers. The maintenance versus repair concept is borrowed from the maintenance community and speaks to how maintenance managers plan, coordinate and...
 
 
DT_pict1

354th Bulldogs improve in-flight sight

A-10C Thunderbolt II pilots of the 354th Fighter Squadron Bulldogs began flying with a new helmet mounted integrated targeting system. The Scorpion Helmet Mounted Cueing System provides pilots with the ability to rapidly cue se...
 
 
(U.S. Air Force photo/Senior Airman Lynsie Nichols)

Your estimated wait time is…

Did you call the Enterprise Service Desk yesterday, but you’re still on hold today? The Communications Squadron will be uploading the Virtual Enterprise Service Desk application to computers base wide. 1st Lt. Brooke Leigh, ...
 

 

Face of Defense: Shooting victim seeks to inspire others

JOINT BASE SAN ANTONIO-FORT SAM HOUSTON – An Army officer who was severely wounded in a shooting at Fort Hood, Texas, last year is using his near-death experience to give others a new lease on life. “I believe I was given a second chance,” said 1st Lt. John Arroyo, who is recovering at Brooke Army...
 
 
AFAS_pict

AFAS steps up with education programs

Education can be a key to succeeding in life, especially for military members looking to make the Air Force a career. The costs associated with getting an education are on the rise, but the Air Force Aid Society can help take s...
 
 
Fuel_pict

Exchange offers full-service refueling to drivers with disabilities

DALLAS – The Army & Air Force Exchange Service, with the support of U.S. Rep. Tammy Duckworth of Illinois, is adding a new system to gas stations on military installations worldwide to make it easier for drivers with dis...
 




0 Comments


Be the first to comment!


Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>


Directory powered by Business Directory Plugin