Many people do not know there is a VA Pension they might qualify for that can assist them with the cost of their care. This care could be what they are paying for assisted living home care, nursing home care and even independent living home care. People who are still living at home may also qualify for VA Pension. It is a matter of understanding the rules associated with obtaining the VA Pension.
The VA Pension can help allow Veterans, widows and Veteran couples to have enough money to live in an assisted living facility, nursing facility or independent living facility and to be able afford to live there on-going. The pension can also allow families to remain at home and be able to pay for and obtain the care they need.
In order to qualify for VA Pension, the Veteran must have been in the service during a qualified war period.
QUALIFIED WAR PERIODS
WWII: 12-07-1941 through 12-31-1946, Inclusive (If in service on 12-31-1946 with continuous service before 07-26-1947, this is acceptable as war time.)
KOREAN WAR: 06-27-1950 through 01-31-1955, Inclusive
VIETNAM WAR: “Feet on the ground” in Vietnam from 02-28-1961 through 08-05-1964. Starting 08-06-1964 through 05-07-1975 you did not have to physically be “in country” to qualify.
PERSIAN GULF WAR: 08-02-1990 through (date to be determined)
VETERAN WITH ONE DEPENDENT MONTHLY ANNUALLY
Basic Improved Pension $1,408 $16,896
Housebound $1,647 $19,764
Aid and Attendance $2,127 $25,524
Basic Improved Pension $1,075 $12,900
Housebound $1,314 $15,768
Aid and Attendance $1,794 $21,528
Basic Improved Pension $721 $8,652
Housebound $881 $10,572
Aid and Attendance $1,153 $13,836
New Pension amounts as of December 31, 2016 (increase of 0.03%)
The Veteran must have served during these war times with at least (1) day during the listed war periods and (90) days of consecutive service.
The Veteran must have a general or better discharge. Dishonorable discharges do not qualify for pension.
Reserve time does not qualify for pension unless the reservist was activated to active service for a period of 90 days or more during one of the qualified war periods.
Training during Reserves does not count.
If a widow remarries after the death of her qualified Veteran husband, she is no longer qualified for pension under that husband. Her new husband must qualify under the described qualification periods and have a general or better discharge. She must be married to this veteran at least one year before his death in order to qualify as a surviving spouse.
If there is a divorce, the wife no longer qualifies for the VA Pension, regardless of how long she might have been married to the qualified Veteran.
There are asset considerations for VA Pension qualification. A Veteran couple must have less than $80K in their direct name (excluding the home they live in) to qualify for the Pension.
A single Veteran or widow must have less than $40K in their direct name to qualify.
Please consult your accredited VA Pension attorney’s office to best understand the rules in this area. Many people feel they have too many assets to qualify for pension; in reality that is rarely the case. A VA accredited attorney practice can guide you relative to assets and qualification.
When you speak to an accredited VA attorney office, they will ask a series of questions relative to the VA qualification periods as they relate to you, your monthly income, monthly medical expenses, health and assets. By providing this information it can be quickly determined if you are a candidate to obtain the VA Pension.