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005. What Is A Pension?

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Tbird

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5. What is a pension?

Pension is financial assistance to keep you above the waterline of poverty. It requires (1) honorable service at least 90 days during wartime; (2) health problems that are unrelated to service and other health problems serious enough to render you totally disabled; and (3) little or no income from any other source. Wartime service includes World War I, World War II, Korea, Vietnam, and the Persian Gulf era. Service in Panama or Grenada is not considered wartime service.

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