The Effect of Social Security Increases on Veterans' Pensions Page: 2
This report is part of the collection entitled: Congressional Research Service Reports and was provided to UNT Digital Library by the UNT Libraries Government Documents Department.
Extracted Text
The following text was automatically extracted from the image on this page using optical character recognition software:
0
CRS-2
2. How Pensions are Determined
Current law provides monthly pensions based on income and age or disability
for certain veterans of World War.I and later conflicts. To be eligible for such
payments, a veteran must have at least 90 days of service including at least 1 day
of wartime service, and have attained age 65 or older or be totally and permanently
disabled from non-service connected causes, (or have some equivalent combination of
age and disability). Pension is also provided for surviving widows and children
of such veterans. Pensions for those with service in WWI or after are subject to
income limitations for pension eligibility in contrast with the pensions of the
Spanish-American War veterans which are awarded on the basis of service without regard
to need. Pensions for veterans of World War I and after vary according to the amount
of countable income yearly other than VA pension, with no pension payable when income
exceeds a certain level. (Similar income, limitations apply to the service-connected
compensation payable to surviving parents of certain deceased service-disabled
veterans.)
The law contains a number of schedules relating the monthly benefit payable to
the annual amount of other income available to the beneficiary. (See Appendix A).
There are separate schedules for: a veteran without dependents; a veteran with one
or more dependents; a widow without dependents; and a widow with dependents. There
are also separate schedules for service-connected compensation for surviving dependent
parents of service-disabled veterans, as follows: a single surviving parent; each
of two surviving parents living apart; each of two surviving parents living together.
In applying income limitations which are imposed upon receipt of pension all of the
income received by a veteran or his survivor is counted unless it falls within a
category specifically excluded by law. The more significant resource exclusions are
public or private relief or welfare payments, veterans' pensions or compensation, all
of a wife's earned income, and 10 percent of all payments under public or private*.-r- -'r '
Upcoming Pages
Here’s what’s next.
Search Inside
This report can be searched. Note: Results may vary based on the legibility of text within the document.
Matching Search Results
View eight pages within this report that match your search.Tools / Downloads
Get a copy of this page or view the extracted text.
Citing and Sharing
Basic information for referencing this web page. We also provide extended guidance on usage rights, references, copying or embedding.
Reference the current page of this Report.
Whalen, Mary. The Effect of Social Security Increases on Veterans' Pensions, report, January 11, 1973; Washington D.C.. (https://digital.library.unt.edu/ark:/67531/metadc1228990/m1/4/?q=%22social+security%22: accessed June 4, 2024), University of North Texas Libraries, UNT Digital Library, https://digital.library.unt.edu; crediting UNT Libraries Government Documents Department.