Washington, DC - - (October 30, 2018) - - The U.S. Department of Veterans Affairs (VA) recently amended its regulations governing entitlements to VA pension and Parents’ Dependency and Indemnity Compensation, which are need-based programs.
“The amended regulations bring consistency to the pension process and ensure benefits are available for Veterans and survivors with financial need,” said VA Secretary Robert Wilkie. “They will help maintain the integrity of and provide clarity to our needs-based pension program.”
VA’s pension program provides monthly benefit payments to eligible wartime Veterans and their survivors with financial need.
The pension regulations, which were updated Oct. 18, cover the following:
- Establish a clear net-worth limit for income and