Cola Increase - New Payment Rates

[carlie]

http://www.vba.va.gov/bln/21/rates/comp01.htm

I KNOW this will help many vets.

carlie

[Wings]

Carlie, this mentions parents. Can parents be claim as dependants for VA purposes? If so, how and does it include mothers in law?

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38 CFR 3.59 Parent.

(a) The term parent means a natural mother or father (including the mother of an illegitimate child or the father of an illegitimate child if the usual family relationship existed), mother or father through adoption, or a person who for a period of not less than 1 year stood in the relationship of a parent to a veteran at any time before his or her entry into active service.

(b) Foster relationship must have begun prior to the veteran's 21st birthday. Not more than one father and one mother, as defined, will be recognized in any case. If two persons stood in the relationship of father or mother for 1 year or more, the person who last stood in such relationship before the veteran's last entry into active service will be recognized as the parent.

(Authority: 38 U.S.C. 101(5))

[26 FR 1568, Feb. 24, 1961, as amended at 44 FR 45935, Aug. 6, 1979]

[john999]

To put our compensation rates in context a vet who loses a leg below the knee in combat, or for any other reason gets 40% rating. That is 541 dollars I think. Would anyone in their right mind trade their foot for $541 a month? I think it is the same for an eye. Our compensation rates are a joke. I think they could double the rates with no trouble at all and it would still be peanuts.

[rentalguy1]

Don't forget the SMC K for the loss of a foot. That adds another whopping $96 bucks a month to the total. Now loosing that foot's not sounding so bad, is it?

[jbasser]

I wish thay would give us a SMC K for loss of mind??

I am tickled to be getting 5.87 percent, It could be a whole lot less. Maybe we will get the big raise of 25 percent this coming year.

[john999]

Sorry, your 25% pay raise has been donated to Wall Street to help out the bankers. What is good for AIG and Citigroup is good for us all. Small price to pay to know someone gets to keep their 10 million dollar bonus for running a company into the groud. Trust us it is all for the best.

[MikeR]

I doubt we will see a larger raise in the coming years. The national debt is headed for $11 trillion and if we can't service the debt we will be in big trouble as a country. We can thank Bush for this and his Iraq war. Incidently, the OEF/OIF claims will be ahead of the others per White House instructions.