Veterans Monthly Compensation

View your VA payment history online for disability compensation pension and education benefits.

Veterans monthly compensation. Example Veteran with no children. If you were a Veteran with a dependent spouse no dependent parents or children and you had an SMC-M designation your monthly basic rate would be 449619 each month. If you were a Veteran with a dependent spouse no dependent parents or children and you had an SMC-M designation your monthly basic rate would be 443849 each month. VA disability compensation pay offers a monthly tax-free payment to Veterans who got sick or injured while serving in the military and to Veterans whose service made an existing condition worse.

You may qualify for VA disability benefits for physical conditions like a chronic illness or injury and mental health conditions like PTSD that developed before during or after service. Special monthly compensation rate payment variations Effective December 1 2020. The standard service connected disability rules typically only account for physical limitations. Special Monthly Compensation SMC is additional compensation a veteran receives because the VA recognizes that certain conditions require greater compensation.

Special compensation includes compensation based on. VA Special Monthly Compensation is available for qualifying veterans who cannot function at work home or school due to a service connected disability. Example Veteran with children. The Department of Veterans Affairs VA pays special monthly compensation SMC to qualifying veterans with especially serious disabilities or combinations of disabilities.

Special Monthly Compensation SMC is an additional tax-free benefit that can be paid to Veterans their spouses surviving spouses and parents. Find your added amounts if any apply. Veterans with existing conditions that were worsened by service may also receive compensation. This is your monthly basic rate.

Find your added amounts if any apply. VA special monthly compensation SMC is a higher rate of compensation that we pay to Veterans as well as their spouses surviving spouses and parents with certain needs or disabilities. Next look at the Added amounts table. First determine your basic rate.

VA disability pay is a tax-free monthly payment from the Department of Veterans Affairs to veterans who obtained an illness or injury during military service. Survivors can view past VA payments for certain benefits including Chapter 35 Survivors Pension and Dependency and Indemnity Compensation. Find the 2021 special monthly compensation rates that may apply to you. Loss or loss of use of a hand or foot Loss of sight or hearing.

If youre a Veteran with a 70 disability rating and you have a spouse plus 3 dependent children under the age of 18 you would start with the basic rate of 165671 for a Veteran with a spouse and 1 child. If youre a Veteran with a 30 disability rating and you have a dependent spouse no dependent parents or children your monthly basic rate would be 49335 each month. Special Monthly Compensation is an additional tax-free benefit that is paid in cases where a veteran or other qualified applicant needs assistance from another person due to what the VA describes as a specific disability SMC is described as a higher rate of compensation paid due to special circumstances. This is your monthly basic rate.

Example Veteran with no children. The idea is that certain disabilities and combinations of disabilities are more debilitating than accounted for by regular disability compensation rates.