As the year 2017 draws to a close, veterans and their families are reflecting on a tumultuous year for the VA Disability Rate Table. The 2017 VA Disability Rate Table was released in June of this year, offering an unprecedented level of insight into how much veterans will receive in disability benefits. From increases to decreases, there have been a lot of changes to the table this year, making it important for veterans to understand what the changes mean for them and their family.
The VA Disability Rate Table is an annual list of the rates of compensation that veterans with service-connected disabilities can receive from the Department of Veterans Affairs. This table provides veterans with a comprehensive overview of the amount of compensation they can expect to receive based on their disability ratings. It's important to note that these rates are subject to change every year, and this year has seen some of the most significant changes in recent memory.
The 2017 VA Disability Rate Table brought an overall increase in compensation rates across the board. This includes an increase to both the basic rate, as well as any additional compensation that veterans may be eligible for, such as Special Monthly Compensation or Dependency Indemnity Compensation. Veterans who are rated at 100% for total disability will see the most significant increase, with their compensation increasing from $2,973 to $3,057 a month. This is the first increase in this rate since 2011, so it’s a welcome change for veterans and their families.
Other changes to the 2017 VA Disability Rate Table include increases to compensation for veterans who are rated between 70-100%. These rates were increased by 0.3% over the previous year, with increases ranging from $4 to $19 per month. The 2017 table also included an increase to the Dependency and Indemnity Compensation (DIC) rate, which was raised from $1,258 to $1,340 per month. This is the first time this rate has been increased since 2003, and it’s a welcome change for many veterans and their families.
For veterans who are rated at 30% or less, the 2017 VA Disability Rate Table also includes some changes. These veterans will see no increase in their benefit rates, but they will now be eligible for a Clothing Allowance, which is designed to help them purchase clothing needed to protect them from the effects of their disabilities. This allowance is available to veterans who are rated at 10% or higher, and can range from $75 to $717 per year.
Ultimately, the 2017 VA Disability Rate Table is expected to have a positive impact on veterans and their families. The increased rates of compensation mean that veterans and their families can count on more consistent and reliable financial support than ever before. With these changes, veterans can rest assured that they and their families will have the financial security they need to live a comfortable life.
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