2021 Va Disability Rates Special Monthly Compensation
If you receive va disability pay you will notice the increased amount in your first check which you should receive in january 2021.
2021 va disability rates special monthly compensation. 2021 va special monthly compensation rates. Smc rate payment variation. The following tables show the 2021 va disability rates for veterans with a rating 10 or higher.
The special monthly compensation smc rates for 2021 are determined by the 1 3 cost of living adjustment taking effect in december 2020. 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. Paid in addition to the regular disability compensation to a veteran who as a result of military service incurred the loss or.
Special monthly compensation smc rates updated for 2021. The rate is slightly lower this year due to less inflation as a side effect of the pandemic. For example if you were previously getting 1 000 per month tax free a 1 3 va pay increase is 13 so a veterans va disability compensation pay in 2021 will go up to 1 013 per month.
Disabled veterans with a current va disability rating of 10 of higher will receive a 1 3 increase in their va disability pay rate for calendar year 2021. 1 2020 in addition veterans entitled to compensation whose disability is rated as. 2021 va disability pay rates which are effective beginning december 1 2020 have increased by 1 3 based on the latest cost of living adjustment cola.
In our example of a veteran with 70 disability rating your total monthly payment amount would be. Special monthly compensation smc rate table effective 12 1 19. See footnote a on the disability compensation basic rates chart for an example of how to add a schoolchild.
Subscribe to va s monthly benefits newsletter. 1 656 71 basic rate 1 spouse 1 child 61 second child under 18 61 third child under 18. 2021 va disability rates.