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.


 
 

 

479 selected for top enlisted rank

JOINT BASE SAN ANTONIO-RANDOLPH, Texas (AFNS) —  Of the 2,525 senior master sergeants eligible for promotion to chief, 479 were selected for an 18.97 percent selection rate, Air Force Personnel Center officials announced Nov. 20. To see the selection list, go to the Air Force Portal, or myPers. Airmen will be able to access their...
 
 

Turkey Bowl

Senior Airman Philip Taylor, Davis-Monthan Air Force Base Desert Lightning Team quarterback, dodges a Black Knights defensive player during the annual Turkey Bowl at Fort Huachuca, Ariz., Nov. 14. D-M’s Desert Lightning Team scored two touchdowns in the final 45 seconds leading them to win 18-7. Davis-Monthan Air Force Base Desert Lightning Team members line...
 
 

Resolutions aren’t just for the new year

EGLIN AIR FORCE BASE, Fla. — It’s almost that time of year when most of us will commit to reforming a habit, lifestyle or just change our lives for the better. It starts when we take a critical look at ourselves and determine what we can do, or stop doing, to make the improvements we desire. These...
 

 
DoD

AF tests first all-electric vehicle fleet in California

WASHINGTON (AFNS) — Air Force officials unveiled the Department of Defense’s first non-tactical vehicle fleet composed entirely of plug-in electric vehicles, Nov. 14, at Los Angeles Air Force Base, California. The rollout of the 42-vehicle fleet marks a milestone in the DOD’s demonstration of emerging technology and the vehicles will serve as a resource to...
 
 
(U.S. Air Force photo/ Senior Airman Jarrod Grammel)

Maintaining fitness standards during the holidays is important

VANCE AIR FORCE BASE, Okla. — During the holidays, going to the gym usually isn’t on the top of most peoples’ priority list. Priority is given to visiting families, planning vacations, and most important, indulging in...
 
 

Exchange keeps the ‘Thanks’ in Thanksgiving

DALLAS – With a quarter of its work force comprised of military family members, the Army & Air Force Exchange Service is a true example of family serving family. As such, the focus on Thanksgiving will be on family. “Exchange Main Stores in the Continental United States will be closed Thanksgiving, but open early Black...
 




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