Mineral Wells Index, Mineral Wells, TX

Veterans Corner

December 16, 2013

Veterans' Corner - Dec. 15, 2013

The Department of Veterans Affairs announced Dec. 4 that families and survivors receiving disability compensation and pension benefits will receive a 1.5 percent cost-of-living increase in their monthly payments beginning Jan. 1, 2014. The increase expresses in a tangible way our nation’s 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.

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 VA’s 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 four million veterans and survivors, and over $5 billion in pension benefits to more than 515,000 veterans and survivors.

The VA urges veterans and separating service members who plan to file an electronic disability claim 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 pensions, education, health care, home loan eligibility, vocational rehabilitation and employment programs.

For more information referencing VA benefits, visit www.benefits.va.gov or call 1-800-827-1000.  

Dec. 21 will mark the 4th Annual Christmas at the Wall event, located at the National Vietnam War Museum, Highway 180 East, Mineral Wells, Texas.

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Veterans Corner
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