Certain Veterans Disability Benefits Can Supplement Retirement Income
January 22nd, 2013|
Jan. 21, 2013
Those who retire from military service often see a slight decrease in their income. An article from The Reporter discussed several ways veterans may be able to supplement retirement income through other Department of Veterans Affairs (VA) benefits.
The story explained that Combat Related Special Compensation (CRSC) is a type of veterans disability benefit for veterans who have retired from the military. These benefits can be received on top of retirement pay a veteran is already receiving. To sign up, a veteran has to be eligible to receive retirement pay and over the age of 60 or temporarily retired through the Temporary Early Retirement Authorization program. A vet must also have at least a ten percent disability directly caused by time in combat.
This benefit fills gaps in coverage for partially disabled veterans who have a portion of their retirement pay withheld due to their condition.
A recent change to the law allows those receiving Veterans Disability Benefits to also receive full retirement pay through a program called Concurrent Receipt.
The Birmingham Personal Injury Lawyers with Norris Injury Lawyers recognize how confusing the laws regarding Birmingham veterans benefits can be, and they suggest discussing your legal options with an attorney if you are preparing to file a claim or have had a claim for benefits denied in the past.