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However, when the first day of the month falls on a non-business day or a holiday, VA benefits will be paid on the last business day prior to the first of the month. Is It Risky to Buy a Home Before a Recession? Normally the VA pays out benefits by direct deposit each month on the first business day of the following month. Dear Veteran, Heres the brutal truth about VA disability claims: According to our data, 8/10 (80%) of veterans reading this message right now are underrated by the VA. Once established, they must show that their service worsened the condition. This is true only if we get the claim within one year of the date of the report of the Veterans actual or presumed death. You may be able to get disability benefits if you have an illness that started within a year after you were discharged from service. Will military disability benefits increase in 2022? If you have recently been approved to receive VA disability payments, your first check should arrive at the start of the next month after your approval. VA Benefits: Special Monthly Compensation (SMC-S, SMC-M, and more). The amount of money you get from the Veterans Administration will be determined by the level of impairment for which you qualify. When VA applies the 2022 COLA to disability benefits, veterans will see a significant increase reflected in their monthly compensation come December, especially when compared to the 2021 adjustment of 1.3 percent. Medical tests from April 15, 2014, showed she had hypertension (high blood pressure). A 2023 Guide to VA Disability Rates & Pay Schedules, Individual Unemployability Rating Calculator, List of Blue Water Navy Ships Exposed to Agent Orange (Interactive Vietnam Map), Social Security Disability Benefits Guide, Section 3.306(a) derives from 38 U.S.C. $1,778.43 a month for someone with a 80% disability. These cookies may be set through our website by our advertising partners. If you are having trouble obtaining benefits, contact us online or at 888.878.9350 to discuss your case. of Defense or any governmental entity. These cookies are necessary for the website to function and cannot be switched off in our systems. When it comes to a COLA adjustment, it's usually announced in October, which is the beginning of the federal fiscal year. If the first business day of the month falls on a holiday or weekend, then VA benefits will be paid on the last business day of the preceding month. Once approved for disability benefits, the next thing you will want to know is the VA disability pay date schedule. This is important because many veterans depend on these benefits for many years. The rating is expressed as a percentage that represents how much your disability impacts your day-to-day life and functionality, and your overall health. A 100% rating goes to veterans whose service-related conditions are completely disabling. The SSA made its official Cost of Living Adjustment (COLA) announcement with a 5.9% increase, which affects more than 75 million Americans who receive Social Security and Supplemental Security Income (SSI) benefits, VA disability and pension benefits, military retirement pay, and other government benefits. Coming from a lineage of WWII and Vietnam veterans, he has litigated some 1,000 appeals at the U.S. Court of Appeals for Veterans Claims, recovering millions of dollars on behalf of disabled veterans.