To quote Andy Williams, “It’s the most wonderful time of the year.” As Wikipedia explains,…
2014 Wartime Veteran Pension Benefits Update
Veterans, their families and survivors receiving disability compensation and pension benefits from the Department of Veterans Affairs will receive a 1.5 percent cost-of-living increase in their monthly payments beginning Jan. 1, 2014.
| Type of Benefit | Maximum Annual Pension Rate (Income Limit) |
Monthly Maximum Annual Pension Rate (Income Limit) |
| Service Pension | $12,652 | $1,054 |
| -One dependent | $16,569 | $1,381 |
| Housebound | $15,462 | $1,288 |
| -One dependent | $19,380 | $1,615 |
| Aid and Attendance | $21,107 | $1,758 |
| -One dependent | $25,022 | $2,085 |
| Each additional dependent child | $2,161 | +$180 |
2014 Pension Benefit Figures – Surviving Spouse
| Type of Benefit | Maximum Annual Pension Rate (Income Limit) |
Monthly Maximum Annual Pension Rate (Income Limit) |
| Death Pension | $8,485 | $707 |
| -One dependent | $11,107 | $926 |
| Housebound | $10,371 | $864 |
| -One dependent | $12,988 | $1,082 |
| Aid and Attendance | $13,563 | $1,130 |
| -One dependent | $16,180 | $1,348 |
| Each additional dependent child | $2,161 | +$180 |
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