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.


 
 

 
Air Force photograph

Doolittle Tokyo Raiders to receive Congressional Gold Medal

Air Force photograph The USS Hornet had 16 U.S. Army Air Forces North American B-25B Mitchells on deck, ready for the Tokyo Raid on April 18, 1942. Seventy-three years ago, 80 men achieved the unimaginable when they took off fr...
 
 
Army photograph by Patrick Bloodgood

Over 27,000 burial sites to open at Arlington next year

Army photograph by Patrick Bloodgood Construction crews move dirt and prepare the ground at the Arlington National Cemetery Millennium Expansion Project, Feb. 19, 2014. The project also involves restoring an impaired stream tha...
 
 
Navy photograph by JOC Sam Shavers

SecNav commemorates Battle of Iwo Jima

Navy photograph by JOC Sam Shavers Secretary of the Navy Ray Mabus delivers remarks at the 70th anniversary commemoration ceremony of The Battle for Iwo Jima in Iwo To, Japan. Secretary of the Navy Ray Mabus arrived on Iwo To, ...
 

 

Applications accepted for 2015 National Veterans Golden Age Games

The Department of Veterans Affairs is currently accepting applications from Veterans interested in competing in the 2015 National Veterans Golden Age Games. Applications can be completed online at www.veteransgoldenagegames.va.gov, and will be accepted through May 15. Veterans ages 55 and older who are enrolled for VA care are eligible to participate. The 2015 National Veterans...
 
 

VA eliminates net worth as health care eligibility factor

The Department of Veterans Affairs is updating the way it determines eligibility for VA health care, a change that will result in more veterans having access to the health care benefits they’ve earned and deserve. Effective 2015, the VA eliminated the use of net worth as a determining factor for both health care programs and...
 
 

VA establishes MyVA advisory committee

The Department of Veterans Affairs announced March 13 the establishment of the MyVA Advisory Committee. The committee brings together skilled experts from the private, non-profit and government sectors to assist in reorienting the Department to better meet the needs of Veterans. This committee is charged with advising the Secretary of Veterans Affairs with a focus...
 




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>