What Are The 2020 Va Compensation Rates

Current VA Disability Compensation Pay Rates 2021 VA Disability Compensation Rate Increase 13.

What are the 2020 va compensation rates. Total monthly payment for the first 2 years. These are the latest VA disability compensation rates for 2020. If you have a 10 to 20 disability rating you wont receive a higher rate even if you have a dependent spouse child or parent. 2021 VA Disability Compensation Rates are effective as of Dec.

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. Compensation rates for Veterans with a 30 to 100 disability rating. 2020 VA Compensation Rates. Find the 2020 special monthly compensation rates that may apply to you.

View past Veterans disability compensation rates for 2020. If you receive VA disability pay you will notice the increased amount in your first check which you should receive in January 2021. Therefore just as the VA disability compensation rates recently increased due to the 2020 cost-of-living-adjustment COLA so did the SMC monthly rates. 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.

VA Disability Compensation Rate Tables for 2020 VA disability compensation pay is a tax-free benefit paid to veterans with injuries or diseases obtained during or made worse by active duty. We base your monthly payment amount on your disability rating and details about your dependent family members. 10 20 30 etc. However the increase did not go into effect until December 1 2019.

Special Monthly Compensation VA will automatically award special monthly compensation if your disability qualifies. Compensation rates for Veterans with a 10 to 20 disability rating Effective December 1 2020 Note. The 13 COLA raise in 2021 is slightly less than the 16 raise veterans received in 2020. The 2021 VA Disability Compensation Rates are effective as of Dec.

Find the 2021 special monthly compensation rates that may apply to you. Compensation rates for Veterans with a 10 to 20 disability rating Effective December 1 2020 Note. 2019 VA Compensation Rates. The COLA rate for 2020 was announced on October 10 th 2019.

As mentioned above special monthly compensation SMC is a form of monthly compensation just like VA disability compensation. VA rates disability from 0 to 100 in 10 increments eg. There was a 13 increase from 2020 following a 16 increase from 2019. 134014 monthly rate 33200 1st child under age 18 33200 2nd child under age 18 28457 8-year provision 33200 Aid and Attendance 28600 transitional benefit for the first 2 years after the Veterans death 290671 per month.

If you have a 10 to 20 disability rating you wont receive a higher rate even if you have a dependent spouse child or parent. See the Combined Ratings section below for information about how VA calculates disability percentage for multiple disabilities. To apply for SMC if you are housebound or required the aid and attendance of someone to perform daily living functions complete VA Form 21-2680 and mail it to your nearest VA regional office.