How is VA Pension Calculated?

Written by Fredrick P. Niemann, Esq. of Hanlon Niemann & Wright, a New Jersey Veterans Benefits Attorney

njveteransbenefitsA Veterans Pension Benefit is offered at 9 different maximum benefit amounts based on whether the award is for a veteran with a spouse, a single veteran or a single surviving spouse of a deceased veteran. There are also rates associated with additional dependent children. Typically, an older veteran household will have dependent children if they have one or more totally disabled or incapacitated adult children living in the home. Or the older veteran may be married to a younger woman. If the household has such a situation, the additional dependent child rates are listed in Table 1 below.

The calculation of each of these different categories of Pension income will allow for a benefit from zero dollars all the way up to the Maximum Allowable Pension Rate (or MAPR) for that category. We have listed the 9 categories below along with the minimum and maximum monthly Pension income for that category.

The table below lists current maximum allowable pension rates for 2013 by category of rating or no rating. The medical deductions mentioned in the example above are also listed here.

Special Monthly Pension Rates Paid toVeterans Age 65 or Older ORPermanently and Totally Disabled

Maximum Annual Pension Rate

 Maximum Monthly Check

Qualified disabled veteran $12,652 $1,054
With one dependent $16,569 $1,380
Qualified disabled veteran and also housebound $15,462 $1,288
With one dependent $19,380 $1,615
Qualified disabled veteran and in need of regular aid and attendance $21,107 $1,758
With one dependent $25,022 $2,085
Increase for each additional dependent child $2,161 $180*

 

Death Pension Rates Paid toVeteran’s Surviving Spouse

Maximum Annual Pension Rate

Maximum Monthly Check

Surviving spouse $8,485 $707
With one child $11,107 $925
Surviving spouse is permanently housebound $10,371 $864
With one dependent child $12,988 $1,082
Surviving spouse is in need of regular aid and attendance $13,563 $1,130
With one dependent child $16,180 $1,348
For each additional child $2,161 $180*
Pension for each surviving child $2,161 $180*

 

Veterans Benefits For NJ Benefits and Their Surviving Spouse

CONCLUSION

Fredrick P. Niemann Esq.

Fredrick P. Niemann Esq.

As you can see, the benefits to veterans and their surviving spouses eligible for the pension benefit is significant. The rules and regulations for being approved are complex. Going it alone can be very risky, if you are not familiar with the Veterans Administration. Need advice and help? Then call us today.

Fred can be reached toll-free at (855) 376-5291, or by e-mail at fniemann@hnlawfirm.com. His address is 3499 Route 9 North, Suite 1F, Freehold, NJ 07728. He welcomes your inquiries and you will find him easy to talk to.

Fredrick P. Niemann, Esq. NJ Veterans Benefits Attorney

 

New Jersey Veterans Pension | How is VA Pension Calculated? | New Jersey Veterans Pension Lawyer