Is There Any Accrued Interest?

[RockyA1911]

Got a question. I realize if an initial claim is awarded and the new claim is say a year or two before the rating is awarded there is no interest payments. But, what about when the VARO calls a cue on itself and gives the award conceding an earlier effective date of say 30 years? Is there interest paid for those kind of long term retroactive payments? If so, where do I find the reg paragraph etc?

[wallyg]

NO!

By now, you should realize that although you have to pay interest to the Government if you are late for anything, the Government never pays interest, when they are overdue.

[Berta]

Walter is right-

The VA cued itself on an erroneous decision on one of my claims-

Have this CUE not happened 6-7-8 years ago- a good investment of this CUE amount in an annuity would have generated 25 % additional annuity value by now-

I got 1997-2002 ,when they resolved the CUE,as VA dollars at an investor's value at much less than they would have had ,if the VA had not committed a CUE in the first place.

[RockyA1911]

Well if that is the case, then I'll just give it the attitude check and forget it. I must have been wishful thinking! With the VA, I should have known it would be too good to be true.

[bigvic]

Would some one please explain to me what a CUE is!!! PLEASE...

[vaf]

Here you go, #75 explains it.

http://www.hadit.com/faq.htm#CUE

This involves a procedural or legal error, not a medical difference of opinion. If you succeed with a CUE, which stands for "Clear and Unmistakable Error," the effective date would be the date you first filed the claim.

Although not impossible, CUE's are difficult to win.

[bigvic]

Yeah they are it took me twenty years to prove mine but I got it. That is if you can call it a CUE. They changed my diagnosis of twenty years to something completely different...

Thanks a lot Vicky...

Bigvic 100% P/T Severe Spinal Canal Stenosis

Edited April 22, 2006 by bigvic