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The Veterans' Compensation Cost-of-Living Adjustment Act of 2014 ( S. 2258) is a bill that would, beginning on December 1, 2014, increase the rates of veterans' disability compensation, additional compensation for dependents, the clothing allowance for certain disabled veterans, and dependency and indemnity compensation for surviving spouses ...
However, younger veterans (age 55 and below) generally receive less in compensation benefits (plus any earned income) than their non-disabled counterparts earn via employment. For example, the "parity ratio" [b] for a 25-year-old veteran rated 100% disabled by PTSD is 0.75, and for a 35-year-old veteran rated 100% disabled by PTSD the ratio is ...
Passed the Senate on October 28, 2013 ( Unanimous consent) The Veterans' Compensation Cost-of-Living Adjustment Act of 2013 ( S. 893) is a federal statute in the United States that increased the disability compensation rate for American veterans and their families. [1] The rate increased by the same amount as the cost of living increase that ...
The Veterans Benefits Administration (VBA) is an sub-cabinet agency of the U.S. Department of Veterans Affairs. It is responsible for administering the department's programs that provide financial and other forms of assistance to veterans, their dependents, and survivors. Major benefits include Veterans' compensation, Veterans' pension ...
The G.I. Bill Tuition Fairness Act of 2013 is a bill that would require colleges to charge veterans the in-state tuition rates regardless of whether they meet the residency requirement. [1] The bill also makes several other changes related to veterans benefits, such as extending the time period during which veterans are eligible for job training.
The statute 38 U.S.C. § 3101(a) protects recipients of disability benefits from the claims of creditors and is designed to provide security to the recipient's family and dependents, [22] [23] [24] while 38 U.S.C. § 1310 provides for Dependency and Indemnity Compensation ("DIC") benefits to a surviving spouse. [25]
Disability benefits are a form of financial assistance or welfare designed to support disabled individuals who cannot work due to a chronic illness, disease or injury. Disability benefits are typically provided through various sources, including government programs, group disability insurance provided by employers or associations or private ...
An indemnity is distinct from a warranty in that: [8] An indemnity guarantees compensation equal to the amount of loss subject to the indemnity, while a warranty only guarantees compensation for the reduction in value of the acquired asset due to the warranted fact being untrue (and the beneficiary must prove such diminution in value).