VA Pension Benefit Basics

 

VA Pension Benefit is a supplemental income benefit for veterans, spouses and/or their surviving spouses.  The VA helps Veterans and their families cope with financial challenges by providing supplemental income through the Veterans Pension benefit. Veterans Pension is a tax-free monetary benefit payable to low-income wartime Veterans.

The Pension has three levels:

  • Pension:  over age 65
  • Pension with Housebound benefit:  disabled and confined to the home
  • Pension with Aid & Attendance benefit:  disabled and require the aid of another person to assist with activities of daily living or cognitive impairment.

The monthly benefits range from $721 to $2846, as of 2017 increase.  Click here for current rates

To qualify:

65 or older
At least 90 days of service
At least 1 day during active war time
Discharge other than dishonorable
Financially qualify

To apply as a veteran you need VA form 21P-527 or 21P-527EZ.

To apply as a survivor you need VA form 21P-534 or 21P-534EZ

The application process can be intimidating and complex.  It is recommended that you work with a VSO (Veteran Service Organization) or a financial professional to complete the application.  This should be a free service as it is illegal to charge a fee to assist in the completion of any VA benefit form or paperwork.

The pension benefit can be used to pay for a caregiver that can help a veteran and /or spouse with getting dressed, preparing meals, food shopping, driving to a Dr’s appointment, light house cleaning, laundry, bathing, companionship, etc.

Matt Read

matt@lovingarmseldercare.com

267-475-5995

 

 

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