The 2014 Pension Rates for Veterans were announced, bringing a 1.5% increase in pension benefits for Aid and Attendance recipients.
The new payments are effective December 1, 2013, for benefits payable January of 2014. The new Aid and Attendance pension payments are as follows:
Single Veteran: $1,759.00
Married Veteran: $2,085.00
Surviving Spouse of a Veteran: $1,130.00
These funds can be used by wartime veterans to pay for in-home care, assisted living costs, and nursing home costs. If you are a wartime veteran with at least 1 day of wartime service and a minimum of 90 consecutive days of service to our country, you may be eligible for this very valuable benefit.
Best of all, if the veteran qualifies, Aid & Attendance funds are provided in addition to monthly pension and Social Security benefits. If you or someone you love is a veteran and needs help with daily activities like cooking, cleaning, dressing, driving, mobility, or other assistance, the Aid & Attendance benefit can provide funds you need to pay for that help. Many elderly veterans and surviving spouses whose incomes are above the congressionally-mandated legal limit for a VA pension may still be eligible for monthly Aid & Attendance benefits if they have high expenses for care, including nursing home expenses, that are not reimbursed by insurance or other sources. For more information click here.