It is possible to receive various need-based pension benefits from the Department of Veterans Affairs (VA) and it could be a good idea to explore these benefit options fully if you think mom or dad may be eligible. A qualified Veteran (together with any spouse) or a surviving spouse who has low income and few assets can apply for non-service connected disability VA Pension benefits. The VA pension program provides monthly benefit payments to certain wartime Veterans who demonstrate financial need, and their survivors. The VA offers both a Veterans Pension and a Survivors Pension, which are tax-free monetary benefits payable to low-income wartime Veterans or low-income surviving spouses and/or unmarried children of a deceased Veteran who served during wartime. To be an eligible wartime Veteran, the service member must be discharged under other than dishonorable conditions and served 90 days or more of active military service with at least 1 day during a period of war (with different requirements for those Veterans who entered active duty after September 7, 1980).
The VA Pension is a great program to explore, however, it is important to recognize that as far as VA benefits are concerned, the law is complex and currently is unsettled due to changes that have been proposed by the regulators and could change at any time.
Written by Heather W. Winter, Esquire