Understanding disability compensation rates can be confusing, but they don’t have to be. We’re taking a look at the revised rates for 2023!
Veteran’s Disability Rates & Monthly Payments for 2023
The U.S. Department of Veterans Affairs determines a veteran’s monthly payment based on their disability rating, and certain details regarding dependent family members.
The new disability rating compensation rates for 2023 went into effect on December 1, 2022. As in years past, there are separate monthly payment amounts for ratings that are 10% to 20% and 30% to 100%.
A simple breakdown of each percentage rating and the associated monthly payment is below:
Veterans with a disability rating of 10% to 20% should note that they are not eligible to receive a higher payment amount even if they have a dependent spouse, parent, or children.
The compensation amounts for veterans with a disability rating of 30% to 60% can differ a bit depending on whether there is a dependent spouse or parent and no children or whether there is a dependent spouse or parent and children.
These ratings and corresponding monthly payment amounts are broken down below:
Additional amounts that may be added to these totals based on further dependents in the family. These amounts would be as follows:
As above, the compensation amounts for veterans with a disability rating of 70% to 100% can differ a bit depending on whether there is a dependent spouse or parent and no children or whether there is a dependent spouse or parent and children.
These ratings and corresponding monthly payment amounts are broken down below:
Additional amounts that may be added to these totals based on further dependents in the family. These amounts would be as follows: