The nation’s nearly 3 million service-connected disabled veterans and survivors could see an increase in monthly benefits beginning in January 2012. If Congress approves necessary legislation and it escapes deficit reduction cuts, this would be the first cost-of-living increase since 2009 and is expected to be about 3.6 percent.
The increase disability compensation, dependency and indemnity compensation and pensions for 2012 would match the cost-of-living adjustments in Social Security and in military and federal civilian retired pay.
As in past years, the increase is rounded down to the next lower whole-dollar amount.
Those who would be affected by the increase include veterans receiving compensation for disabilities incurred or made worse during their rmilitary service, as well as wartime veterans who are totally disabled from civilian-life causes and who receive a pensions under an income-based program.
The increase also would apply to survivors of veterans who died in sevice or from a service-connected condition and those who are served by an income-based program for survivors of wartime veterans.
Courtesy of DAV magazine Nov-DEC 2011
Sr. Vice Commander/Service Officer
DAV Chapte 26 Havelock