If I am eligible for A&A pension benefits, how much might I receive?
Pension benefits are determined by (1) adding up your gross income from all sources; (2) adding up all monthly unreimbursed medical expenses; (3) subtracting your unreimbursed medical expenses and the standard VA deduction from your gross income. Steps (1) to (3) determine your countable income or IVAP. The last step: (4) take the maximum monthly pension benefit and subtract your countable income.
| Estimated Pension Benefit |
= |
Maximum Pension Benefit |
- |
Countable Income (IVAP) |
| Countable Income |
= |
Gross Income |
- |
Unreimbursed Medical Expenses |
- |
Standard VA Deduction |
First, determine your gross monthly income:
| Income Source |
Monthly Amount |
| Social Security |
$ |
| U.S. Civil Service Pension |
$ |
|
Railroad Pension
|
$ |
| Other Pension |
$ |
| Gross Wages |
$ |
| Unemployment Compensation |
$ |
| Worker's Compensation |
$ |
| Military Retirement |
$ |
| Interest/Dividends (for example, interest income from a trust or annuity) |
$ |
| Black Lung Benefits |
$ |
| Other Monthly Income |
$ |
| Total Gross Monthly Income |
$ |
Second, add up your monthly unreimbursed medical expenses (do NOT include expenses where you receive payment/reimbursement from your insurance company, Medicare, or Medicaid):
| Expense |
Monthly Amount |
| Prescriptions |
$ |
| Private Medical Insurance Premium |
$ |
| Medicare Part C Premium |
$ |
| Medicare Part D Premium |
$ |
| Nursing Home or Assisted Living Fees |
$ |
| Home Health Care costs |
$ |
| Incontinence Supplies |
$ |
| Total Monthly Unreimbursed Medical Expenses |
$ |
Third, deduct your monthly unreimbursed medical expenses and VA deduction from your gross income (this determines your countable income):
| Gross Monthly Income: |
$ |
| - |
|
| Monthly Unreimbursed Medical Expenses: |
$ |
| - |
|
| Standard VA Deduction |
$ |
| = |
|
| Countable Income |
$ |
Fourth, find the maximum monthly A&A pension amount and subtract your countable income. This determines the amount that you could qualify for:
| Maximum Pension Amount: |
$ |
| - |
|
| Countable Income |
$ |
| = |
|
| Estimated Monthly Pension |
$ |
The content contained on this website is for illustrative and informational purposes only. The content on this website does not constitute legal advice.
