2020 Veterans Pension Rates

2020 Veterans Pension rates saw a 1.6% cost-of-living increase based on the COLA calculations. See the 2020 pension rates. To calculate the Veterans Pension rate increase the average of the indices of July, August, and September 2019 was compared with the 2018 3rd quarter average. 2020 Veterans Pension rates are effective 12/1/2019.

Veterans Pension rate increases are determined by Cost-of-Living-Adjustments (COLA). See our COLA increase watch for the most recent updates.

2020 Veterans Pension Details

Effective Date: 12/01/2019
First Paycheck: 12/31/2019
Veterans Pension Increase: 1.6%
Net Worth/Income Limit: $129,094
Penalty Period Rate: $2,266.
Standard Medicare Deduction: Actual amount will be determined by SSA based on individual income.

Maximum Annual Pension Rate (MAPR): MAPR is based on how many dependents you have, if you’re married to another Veteran who qualifies for a pension, and if your disabilities qualify you for Housebound or Aid and Attendance benefits. MAPRs are adjusted each year for cost-of-living increases.

Find your current MAPR amount using the tables below.

2020 Veterans Pension Rate Tables

For Veterans with no dependents:

Note:
If you have medical expenses, you may deduct only the amount that’s above 5% of your MAPR amount ($687 for a Veteran with no spouse or child).

For Veterans with at least 1 dependent spouse or child:

Note:

• If you have more than one dependent, add $2,351 to your MAPR amount for each additional dependent.
• If you have a child who works, you may exclude their wages up to $12,400 for 2019.
• If you have medical expenses, you may deduct only the amount that’s above 5% of your MAPR amount ($900 for a Veteran with 1 dependent).

For 2 Veterans who are married to each other:

Note:

• If you have more than one dependent, add $2,351 to your MAPR amount for each additional child.
• If you have a child who works, you may exclude their wages up to $12,400 for 2019.
• If you have medical expenses, you may deduct only the amount that’s above 5% of your MAPR amount ($900 for a Veteran with 1 dependent).

About VA Veterans Pensions

VA Veterans pension helps veterans and their families cope with financial challenges by providing supplemental income through the Veterans Pension benefit. It is a tax-free monetary benefit payable to low-income wartime Veterans. Veterans must have at least 90 days of active duty service, with at least one day during a wartime period to qualify for a VA Pension. For those who entered active duty after September 7, 1980, service must have been at least one day during a wartime period and 24 months or the full period for which you were called or ordered to active duty (with some exceptions).

Additional eligibility criteria for the Veterans Pension in addition to service requirements:

• Age 65 or older, OR
• Totally and permanently disabled, OR
• A patient in a nursing home receiving skilled nursing care, OR
• Receiving Social Security Disability Insurance, OR
• Receiving Supplemental Security Income

Family income must be less than the amount set by Congress to qualify for the Veterans Pension benefit. The pension benefit is the difference between “countable” income and the annual pension limit set by Congress. Pension rate tables are paid by the Department of Veterans Affairs (VA) including Housebound and Aid and Attendance supplements. The VA generally pays this difference in 12 equal monthly payments.

How to Apply for Veterans Pension with VA Form 21-527EZ

Glossary of Terms

• A & A – Aid & Attendance – A&A is a benefit paid in addition to monthly pension.Require the aid of another person to perform activities of daily living OR be blind or meet other specific visual acuity requirements OR be a patient in a nursing home because of physical and/or mental incapacity.
• Child Earned Income Exclusion – Excluded earnings amount from a dependent child.
• Countable Income – Includes income from most sources as well as from any eligible dependents. It generally includes earnings, disability and retirement payments, interest and dividend payments from annuities, and net income from farming or a business. Some expenses, such as unreimbursed medical expenses, may reduce countable income.
• Death Pension – Intended to supplement the income of a surviving spouse or child who is in need of financial assistance and provide a minimum level of financial security.
• Housebound – Qualifications: Single disability rated 100% and separate disabilities rated 60% or more (Veterans only) OR Permanently housebound due to disabilities per 38 CFR 3.351(d) OR Hartness v Nicholson (2006) when pension has been granted based on the veteran being age 65 or older.
• MAPR – Maximum Annual Pension Rate – The MAPR is the maximum amount of pension payable to a veteran, surviving spouse or child. MAPR fluctuates based on individual circumstances related to number of dependents and if Housebound or Aid & Attendance qualifications. The MAPR is reduced for each dollar of income that the veteran, surviving spouse, child, or their families have.
• MBW – Mexican Border War.
• MIW – Minimum Income Annuity
• Net Worth – Includes assets such as bank accounts, stocks, bonds, mutual funds, annuities, and any property other than your residence and a reasonable lot area. VA will determine whether assets are of a sufficiently large amount that one could live off of them for a reasonable period of time.
• Veterans Pension – Tax-free monetary benefit payable to low-income wartime Veterans.
• SAW – Spanish-American War
• SBP – Survivor Benefit Plan
• SS – Veterans Surviving Spouse
• Survivors’ Pension – Tax-free monetary benefit payable to a low-income, un-remarried surviving spouse and/or unmarried child(ren) of a deceased Veteran with wartime service.