Va Disability Pay Days

For example the January 2019 VA disability compensation payment will be paid on February 1 2019 which is the first business day of the following month and it falls on a business day so its a Friday.

Va disability pay days. So if your VA disability compensation were 300 a month each day of VA disability compensation is worth 10 per day. If you dont get a payment within 15 days please call the Veterans Help Line at 800-827-1000 TTY. Importantly VA disability compensation rates typically increase each year as a result of a cost-of-living adjustment COLA set by Congress. If you have a 10 to 20 disability rating you wont receive a higher rate even if you have a dependent spouse child or parent.

The increase is usually announced during the month of October and then take effect in December. You may qualify for VA disability benefits for physical conditions like a chronic illness or injury and mental health conditions like PTSD that. Find the 2021 VA pay schedule for VA disability education compensation pension and. However when the first business day of the month falls on a non-business day or a holiday VA compensation benefits will be paid on the last business day prior to the first of the month.

For all VA disability compensation benefits the actual benefit for a month is paid the first business day of the following month. Were here Monday through Friday 800 am. In those cases the pay date will be the first business day prior to the holiday or weekend that falls on the 1st of the month. Military Retiree paydays are always on the 1st day of the month except when the first day is a holiday or weekend.

VA literature advises Most Veterans choose to receive drill pay instead of disability compensation or pension This is true because drill pay is typically the greater benefit. Tips for calculating pay. VA maintains that veterans should receive VA back pay within 15 days of the decision granting the retroactive benefits either through direct deposit or a check. If your decision notice shows at least a 10 disability rating youll get your first payment within 15 days.

Each day counts as ⅓0th of a months rate. Compensation rates for Veterans with a 10 to 20 disability rating Effective December 1 2020 Note. However it is not uncommon for VA to take several months to issue back pay and retroactive benefits. For all VA disability compensation benefits the actual benefit for a month is paid the first business day of the following month.

Month Payment Date Day of Week. See our VA disability pay chart for dependent rates. These Veterans must waive their VA benefits for the same number of days they received drill pay. VA disability compensation pay offers a monthly tax-free payment to Veterans who got sick or injured while serving in the military and to Veterans whose service made an existing condition worse.