What is a VA special monthly compensation?

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. Find the 2021 special monthly compensation rates that may apply to you.

How much is special monthly compensation for erectile dysfunction?

However, service connection for erectile dysfunction, even at 0 percent, makes veterans eligible for Special Monthly Compensation (SMC) for loss of use of a creative organ. This is known as SMC (k) and it is paid out in your monthly VA compensation check. As of December 31, 2017, SMC (k) amounts to $111.74 a month.

What is compensation rate pay?

This reflects the actual salary the employee is paid for the position. The Compensation Rate amount is generated based on the Base Rate, Compensation Frequency and FTE. This rate can only be overridden for Sabbaticals and Difference in Pay Leaves (DIP).

Is special monthly compensation permanent?

Special Monthly Compensation Level S: Housebound The veteran is completely and permanently housebound. This means that the veteran cannot leave his/her home (or hospital ward, or care facility) at all, and this is expected to be the case for the rest of his/her life.

Can you get special monthly compensation for PTSD?

The arthritis and PTSD do not qualify for SMC, but combined, they equal at least a 50 percent rating. (Note: VA calculates combined ratings using a Combined Ratings Table – ratings are not simply added together.

When do special monthly compensation rates go up?

Below is the table with all the current Special Monthly Compensation (SMC) rates. These are the new rates that were updated on December 1, 2020. You don’t have to do anything to get the new rates. Your next check will already reflect them.

How much does a military spouse get paid per month?

His total SMC would be $4,314.03 ($4,032.46 + $281.57 = $4,314.03). Another quick example, Bertha qualifies for SMC Category M and has 3 kids that qualify, all over 18. Since none are under 18, she would choose the rate for just herself ($4,320.76).

How much does category K military spouse get?

The amount for Category K is the same no matter how many dependents you have: $111.74. All additional children under 18 receive $87.17 each. All additional dependent children age 18-23 receive $281.57 each. Aid and Attendance for a Spouse is $160.89. Congress updates these rates every few years. What is Special Monthly Compensation (SMC)?

What’s the final SMC rate for a military spouse?

Her final SMC rate would be $5,165.47 ($4,320.76 + $844.71 = $5,165.47). When considering spouses, it is pretty straightforward unless you have a spouse who needs regular Aid and Attendance.

How to find your spouse’s benefits rate table?

If your spouse receives Aid and Attendance benefits, be sure to also look at the Added amounts table, and add it to your amount from the Basic rates table. Find the dependent status in the left column that best describes you.

What’s the maximum amount of Social Security I can collect from my husband?

These are Social Security payments you can collect on the basis of your husband’s or wife’s earnings record. The maximum spousal benefit is 50 percent of your mate’s primary insurance amount, the retirement benefit to which he or she is entitled at full retirement age, based on his or her earnings history.

How much does SBP cost for spouse benefits?

Spouse Coverage Base Amount SBP Costs SBP Benefits 55% of Base Amount $300.00 $7.50 $165.00 $725.00 $18.13 $398.75 $1,000.00 $45.63 $550.00 $1,553.00 $100.93 $854.15

What’s the rate for surviving spouse of a veteran?

If you’re the surviving spouse of a Veteran whose pay grade was E-3, your monthly rate would start at $1,357.56. Then for each additional benefit you qualify for, you would add or adjust your monthly rate using the Added or increased amounts table.