WHAT IS VA PENSION? Pension is a needs-based benefit paid to wartime Veterans, who meet certain age or non-service connected disability requirements. WHO IS ELIGIBLE? You may be eligible if: You were discharged from service under other than dishonorable conditions, AND You served 90 days or more of active duty with at least 1 day during a period of war time*, AND Your countable income is below the amount listed in the chart below, AND You meet the net worth limitations, AND You are age 65 or older, OR, you have a permanent and total non-service connected disability, OR, you are patient in a nursing home, OR you are receiving Social Security disability benefits. *Veterans who entered active duty after September 7, 1980, must also serve at least 24 months of active duty service. If the total length of service is less than 24 months, the Veteran must have completed their entire tour of active duty. MAXIMUM ANNUAL PENSION RATE (MAPR) (EFFECTIVE DECEMBER 1,2012) If you are a… Your yearly income must be less than… Veteran with no dependents $12,465 Veteran with a spouse or a child $16,324 (Veterans with additional children: add $2,129 to the limit for EACH child) Housebound veteran with no dependents $15,233 Housebound veteran with one dependent $19,093
Posted on: Thu, 01 Aug 2013 03:05:37 +0000