Tuesday, June 19, 2012

About Veteran Disability Benefits

By Lashunda Wilkison

Disabled veterans receive all the basic benefits that the Veteran Affairs offers and many more. Certain benefits require a certain rate of disability. Veteran Affairs ranks disabilities in 10 percent increments. Any ailments should be documented while in service to ease the transition to Veteran Affairs. Preparing your medical history before exiting the military can help you increase your rate and ensure you will receive maximum compensation.

Service members released from military duty with an honorable or general discharge and a disability related to time in service is eligible for compensation.

Compensation is based on the severity of the disability and the amount of dependents. The rate ranges from $123 to $3,100 per month.

A Veteran must have 30 percent rated disability, receive a Veteran Affairs pension, traveling to be treated for the service disability or compensation exams, and have an income that does not exceed the maximum Veteran Affairs pension rate. VA pays a set rate per mileage after the deductible is met.

Special monthly compensation is available to those veterans who are missing a limb; suffer from severe deafness with bilateral blindness; or paraplegia with loss of bowel or bladder control. Veterans with 100 percent disability are bedridden or need the assistance of another individual and may apply for this compensation.

All disability compensation is tax free and free from any judgments and garnishments.

The President includes a cost of living increase in the budget proposal every year. The adjustments take effect for the veteran December 1 every calendar year.


http://www.lenderva.com

No comments:

Post a Comment