Sunday, January 01, 2012

Increase in Veteran Pension Benefit

Many veterans and surviving spouses receiving pension and Aid and Attendance benefits from the U.S. Department of Veterans Affairs (VA) will be happy to know that effective December 1, 2011 (commencing with benefits payable on January 1, 2012), their benefits will increase 3.6% due to a cost of living increase authorized by federal law.  The following chart details the new benefit amounts:

 

Monthly Pension Amount

Yearly Pension Amount

Single veteran, no dependents

$ 1,021.00

$ 12,256.00

Single veteran  with one dependent

$ 1,337.00

$ 16,051.00

Housebound veteran with, no dependents

$ 1,248.00

$ 14,978.00

Housebound veteran with one dependent

$ 1,564.00

$ 18,773.00

Aid and Attendance veteran, no dependents

$ 1,703.00

$ 20,447.00

Aid and Attendance veteran with  one dependent

$ 2,019.00

$ 24,239.00

 

The increase in veteran and survivor's benefits is the first cost of living increase since 2008.  To learn more about veterans benefits, including the Aid and Attendance benefit, do not hesitate to contact a VA Accredited lawyer in our office.

 


 

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Attorney Bradley Erdosi assists clients with all legal matters related to Estate Planning, Wills, Trusts, Elder Law, Guardianships, Conservatorships, Medi-Cal Planning, Advance Health Care Directives, Special Needs Trusts, Veteran's Benefits. Probate, Will Contests, Business Succession Planning and Business Law in Irvine, CA and throughout Orange County & the Greater LA area including Newport Beach, Costa Mesa, Corona Del Mar, Aliso Viejo, Santa Ana, Huntington Beach, Fountain Valley, Tustin, Laguna Beach, Laguna Woods, Garden Grove, Laguna Hills and Midway City.



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