Wednesday, December 18, 2013

VA COLA for 2014 Checks Update


VA COLA for 2014 Checks Update 04      Monthly Payment Amounts
 
Veterans, their families and survivors receiving disability compensation and pension benefits from the Department of Veterans Affairs will receive a 1.5 percent cost-of-living increase in their monthly payments beginning Jan. 1, 2014.  "We're pleased there will be another cost-of-living increase for Veterans, their families and their survivors," said Secretary of Veterans Affairs Eric K. Shinseki. "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.   For 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 http://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 4 million Veterans and survivors, and over $5 billion in pension benefits to more than 515,000 Veterans and survivors.  For Veterans and separating Servicemembers who plan to file an electronic disability claim, VA urges them 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 pension, education, health care, home loan eligibility, and vocational rehabilitation and employment programs.  For more information about VA benefits, visit www.benefits.va.gov, or call 1-800-827-1000.  [Source:  VA News Release 4 Dec 2013 +]
 

Veterans Compensation Benefits Rate Tables - Effective 12/1/13

 
Go to our How to Read Compensation Benefits Rate Tables to learn how to use the table..
Rates (No Dependents): 10% - 20%
Basic Rates - 10%-100% Combined Degree Only
Effective 12/1/13
Without Children With Children
30% - 60% 30% - 60%
70% - 100% 70% - 100%


10% - 20% (No Dependents)
Percentage Rate
10% $130.94
20% $258.83

30% - 60% Without Children
Dependent Status 30% 40% 50% 60%
Veteran Alone $400.93 $577.54 $822.15 $1,041.39
Veteran with Spouse Only $448.74 $641.28 $901.83 $1,137.01
Veteran with Spouse & One Parent $487.11 $692.44 $965.78 $1,213.74
Veteran with Spouse and Two Parents $525.48 $743.60 $1,029.73 $1,290.47
Veteran with One Parent $439.30 $628.70 $886.10 $1,118.12
Veteran with Two Parents $477.67 $679.86 $950.05 $1,194.85
Additional for A/A spouse (see footnote b) $43.85 $58.47 $73.08 $87.69

70% - 100% Without Children
Dependent Status 70% 80% 90% 100%
Veteran Alone $1,312.40 $1,525.55 $1,714.34 $2,858.24
Veteran with Spouse Only $1,423.95 $1,653.04 $1,857.76 $3,017.60
Veteran with Spouse and One Parent $1,513.47 $1,755.35 $1,972.86 $3,145.49
Veteran with Spouse and Two Parents $1,602.99 $1,857.66 $2,087.96 $3,273.38
Veteran with One Parent $1,401.92 $1,627.86 $1,829.44 $2,986.13
Veteran with Two Parents $1,491.44 $1,730.17 $1,944.54 $3,114.02
Additional for A/A spouse (see footnote b) $102.31 $116.93 $131.55 $146.16

30% - 60% With Children
Dependent Status 30% 40% 50% 60%
Veteran with Spouse and Child $483.75 $687.97 $960.19 $1,207.04
Veteran with Child Only $432.90 $620.17 $875.54 $1,105.34
Veteran with Spouse, One Parent and Child $522.12 $739.13 $1,024.14 $1,283.77
Veteran with Spouse, Two Parents and Child $560.94 $790.29 $1,088.09 $1,360.50
Veteran with One Parent and Child $471.27 $671.33 $939.39 $1,182.07
Veteran with Two Parents and Child $509.64 $722.49 $1003.34 $1,258.80
Add for Each Additional Child Under Age 18 $23.75 $31.67 $39.59 $47.50
Each Additional Schoolchild Over Age 18 (see footnote a) $76.73 $102.31 $127.89 $153.47
Additional for A/A spouse (see footnote b) $43.85 $58.47 $73.08 $87.69

70% - 100% With Children
Dependent Status 70% 80% 90% 100%
Veteran with Spouse and Child $1,505.66 $1,746.41 $1,962.81 $3,134.32
Veteran with Child Only $1,387.01 $1,610.81 $1,810.26 $2,964.82
Veteran with Spouse, One Parent and Child $1,595.18 $1,848.72 $2,077.91 $3,262.21
Veteran with Spouse, Two Parents and Child $1,684.70 $1,951.03 $2,193.01 $3,390.10
Veteran with One Parent and Child $1,476.53 $1,713.12 $1,925.36 $3,092.71
Veteran with Two Parents and Child $1,566.05 $1,815.43 $2,040.46 $3,220.60
Add for Each Additional Child Under Age 18 $55.42 $63.34 $71.25 $79.17
Each Additional Schoolchild Over Age 18 (see footnote a) $179.05 $204.62 $230.20 $255.78
Additional for A/A spouse (see footnote b) $102.31 $116.93 $131.55 $146.16

FOOTNOTES:

  1. Rates for each school child are shown separately. They are not included with any other compensation rates. All other entries on this chart reflecting a rate for children show the rate payable for children under 18 or helpless. To find the amount payable to a 70% disabled Veteran with a spouse and four children, one of whom is over 18 and attending school, take the 70% rate for a veteran with a spouse and 3 children, $1,616.50, and add the rate for one school child, $179.05. The total amount payable is $1,795.55.
  2. Where the veteran has a spouse who is determined to require A/A, add the figure shown as "additional for A/A spouse" to the amount shown for the proper dependency code. For example, veteran has A/A spouse and 2 minor children and is 70% disabled. Add $102.31, additional for A/A spouse, to the rate for a 70% veteran with dependency code 12, $1,561.08. The total amount payable is $1,663.39.

Historical Rate Tables

2012 | 2011 | 2010-2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999

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