Veterans

December 4, 2013

Veterans to receive 1.5 percent cost-of-living increase

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.

Were 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 Nations 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 VAs 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 service members 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.

For more information about VA benefits, visit www.benefits.va.gov, or call 1-800-827-1000.




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


 
 

 

Remains of U.S. soldier killed in ’53 identified

Lawrence Jock’s surviving relatives in northern New York knew next to nothing about the Army combat veteran who was declared missing in action at the end of the Korean War more than 60 years ago. Now that his remains have been identified and will be brought back to the North Country for burial, his relatives...
 
 
Army photograph by Lisa Ferdinando

President awards Medal of Honor to former Army staff sergeant

Army photograph by Lisa Ferdinando President Barack Obama awards the Medal of Honor to former Army Staff Sgt. Ryan Pitts at the White House, July 21, 2014. Pitts received the nation’s highest military honor for his action...
 
 
Army photograph by Lillian Boyd

Medal of Honor recipient Ryan Pitts inducted into Hall of Heroes

Army photograph by Lillian Boyd Former Staff Sgt. Ryan M. Pitts, Medal of Honor recipient, is inducted into the Hall of Heroes during a Pentagon ceremony, July 22, 2014. Former Staff Sgt. Ryan Pitts was inducted into the Pentag...
 

 
Marine Corps photograph

DOD identifies missing World War II Marine

Marine Corps photograph Marines wounded during the landing on Tarawa in November 1943 are towed out on rubber boats to larger vessels that will take them to base hospitals. The Department of Defense POW/Missing Personnel Office...
 
 
Air Force photograph by SrA. Sarah Hall-Kirchner

Airman’s remains returned home 62 years after his death

Air Force photograph by SrA. Sarah Hall-Kirchner Members of the Scott Air Force Base Honor Guard transport the remains of Airman 3rd Class Howard Martin during a dignified arrival July 10, 2014, at the Indianapolis Internationa...
 
 

Acting VA secretary outlines problems, actions taken

In testimony before the Senate Committee on Veterans Affairs July 15, Acting VA Secretary Sloan D. Gibson outlined serious problems regarding access to health care and key actions the department has taken to get veterans off waiting lists and into clinics. “The trust that is the foundation of all we do – the trust of...
 




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>