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VA Disability Compensation 2022 Increase?
The pandemic has been tough on us all, but the financial crunch for our disabled veterans and their families has been additionally challenging. Increased food and gas prices and soaring home costs, to name just a few, have left families wondering where they can find some relief. At the same time that many big businesses are turning a profit, individual families are struggling to make ends meet. And large corporations with newfound profits have used them to increase shareholder wealth while simultaneously laying off hundreds of thousands of workers.
Relief on the Horizon?
So is there relief on the horizon for
our disabled veterans? Well, maybe according to National Military Relations Director for Veterans United, Pam Swan.
Regarding VA disability pay, there is something called Cost of Living Adjustment (COLA). COLA is how the VA keeps disability compensation on track with your purchasing power based on inflation. The announcement for the upcoming year's COLA is in early fall, usually sometime in October, and could set disability pay to increase in 2022 by 5-6 percent based on the Consumer Price Index.
Are You New to VA Disability Compensation?
While in their care, the VA reviews your treatment records along with private and VA medical records related directly to your disability to calculate Disability Compensation in percentages. The final percentage reflects the extent and severity of your injury combined with the number of your dependents. The result is a rating between 0-100% that increases in increments of 10%. For multiple disabilities, the VA uses a combined rating table.
VA Compensation Rates and Pay Chart as of Dec. 1, 2020
Click on the links below to see disability charts based on rating and dependent status.
How to Apply for VA Disability Benefits
There are several ways you can apply for VA benefits, but in all cases, you will need the following:
your DD214 (discharge or separation papers)
any medical evidence of disability you may have
marriage license and/or children's birth certificates
Once you have gathered together this paperwork, you can apply in person at a regional benefits office, through the mail with the VA Form 21-526EZ, online at the VA's eBenefits online portal, or with the help of a professional trained in veteran disabilities.
See #PamSwan's full article.
Pam Swan is the National Military Relations Director for Veterans United. Pam has been actively working to serve members of the military and veterans for over 3 decades.
Pam utilizes her experience to contribute to the Veterans United Network. Pam raises awareness of the VA Loan through financial education briefings presented to service members across the country. Pam is also married to a U.S. Army retired soldier of more than 20 years. Pam Swan is the National Military Relations Director for Veterans United. Pam has been actively working to serve members of the military and veterans for over 3 decades.
Pam utilizes her experience to contribute to the Veterans United Network. Pam is able to raise awareness of the VA Loan through financial education briefings presented to service members across the country. Pam is also married to a U.S. Army retired soldier of more than 20 years.
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