Va Disability Pay Raise 2021 Chart

Monthly basic pay amounts are rounded to the nearest US.

Va disability pay raise 2021 chart. How We Calculated Figures on the 2021 VA Disability Pay Chart. VA special monthly compensation SMC is a higher rate of compensation that we pay to Veterans as well as their spouses surviving spouses and parents with certain needs or disabilities. Use the VA combined disability calculator or the charts below to find your monthly or annual disability payments. Here are the official 2021 military pay charts based on the FY2021 National Defense Authorization Act.

2021 VA disability pay rates which are effective beginning December 1 2020 have increased by 13 based on the latest cost-of-living adjustment COLA. Military retirees those who receive disability or other benefits from the Department of Veterans Affairs federal retirees and Social Security recipients will see a 13 increase in their monthly. The following tables show the 2021 VA disability rates for veterans with a rating 10 or higher. If our prediction holds true this means Disabled Veterans with a current VA disability rating of 10 of higher would receive a 11 increase in their VA disability pay rate for calendar year 2021.

For a 50 disabled veteran with a spouse and one child who currently receives 105604 per month this amounts to about 2968 more per month. 2021 VA Disability Compensation Rates are effective as of Dec. The 13 COLA raise in 2021 is slightly less than the 16 raise veterans received in 2020. There was a 13 increase from 2020 following a 16 increase from 2019.

The rate is slightly lower this year due to less inflation as a side effect of the pandemic. For example I use direct deposit for my VA compensation payment which goes directly to my Navy Federal checking account each month and it usually arrives 1-3 days prior. The government uses the same COLA rates for military retiree pay and several other government benefits. Find the 2021 special monthly compensation rates that may apply to you.

For example if you were previously getting 1000 per month tax-free a 11 VA pay increase is 11 so a veterans VA disability compensation pay in 2021 would go up to 1011 per month. 1 2020 Dependents Allowance. 2021 VA Disability Compensation Rate Increase 13. 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.

New pay rates went into effect on January 1 2021 and will be reflected on the paychecks that are issued on January 15 2021. You can expect for your monthly checks to increase 13. Compensation rates for Veterans with a 10 to 20 disability rating Effective December 1 2020 Note. USAA pay dates and Navy Federal pay dates for 2021 VA disability compensation rates will arrive 1-2 days prior if youre doing direct deposit from the VA.

The new 2021 VA disability rates will be effective December 1 2020 and disabled veterans will see the new 13 COLA increase on their January 1 2021 VA compensation payment. Beginning in 2021 military retirees and VA beneficiaries will see an increase in their checks. Disabled Veterans with a current VA disability rating of 10 of higher will receive a 13 increase in their VA disability pay rate for calendar year 2021. By taking 13 of the 2020 rate and adding it to that same rating you are able to calculate the 2021 VA disability pay chart figures.

To calculate the figures listed in the 2021 VA disability pay chart we looked toward the 2020 compensation rates.