Veteran's Benefits

 
Enhanced Pension Benefits

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Eligibility for Enhance Pension Benefit

Veterans with low incomes who are either permanently and totally

disabled, or age 65 and older, may be eligible for monetary support if

they have 90 days or more of active military service, at least one day

of which was during a period of war.

 

The veteran’s discharge must have been under conditions

other than dishonorable and the disability must be for reasons

other than the veteran’s own willful misconduct.

 

Payments are made to bring the veteran’s total income, including

other retirement or Social Security income, to a level set by Congress.


 Disability Pension
The Veteran's Administration refers to this pension as a "disability pension"
which for veteran's under the age of 65 eligibility is based on
the health needs of the veteran.
 
However all veteran's regardless of health may apply for pension
benefits when they reach the age of 65.  In addition to the veteran's
base pension veterans (and their surviving spouse and dependent children) may
qualify for additional health related payments.  This increase in the
base pension is often referred to as Aid & Attendance and is added
to the base pension if the veteran qualifies.

Aid & Attendance

Income Eligibility

The Veteran's Administration also discourages veteran's to apply for a pension by
stressing that the benefit is only for veteran's with little income.  While there
is a somewhat complicated calculation for determining eligibility many veteran's,
especially those veterans requiring assisted living, aid and attendance or in a nursing home
often can qualify as the cost of such assistance is offset against any income the veteran
may be receiving.  In many cases the veteran's entire income from all sources
(social security, company pension, individual retirement accounts etc.) may go to pay
the veteran's expenses.   In those cases the maximum benefit the VA allows
(including the additional aid and attendance payment) can be paid directly
to the veteran as for eligibility requirements the veteran would have
no accountable income and would be eligible for the full pension benefit.