Jul 25, 2020 · Special Monthly Compensation (SMC) is a benefit that is paid in addition to the basic rates of monthly payment available through the VA’s rating schedule. Some SMC types include Aid and Attendance benefits, Housebound benefits, and more where veterans may require extra help around the house, home care, etc.
Dec 01, 2018 · In our example of a Veteran with a SMC-L designation, your total monthly payment amount would be: $4,467.96 (basic rate (1 spouse, 1 child) + 92.31 (second child under 18) + 92.31 (third child under 18) + 298.18 (1 child over 18, in a qualifying school program) + 170.38 (spouse who receives Aid and Attendance) Total $5,121.14
10.11.2021 · VA Special Monthly Compensation (SMC) Rates for 2022. Based on the COLA increase of 5.9 percent, veterans will see an increase in VA SMC rates come December 2021. …
1.12.2018 · 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 …
If you qualify for SMC-K, we add this rate to your basic disability compensation rate for any disability rating from 0% to 100%. We also add this rate to all ...
Nov 10, 2021 · The 2021 SMC rates can be used as a baseline to calculate estimates for 2022 VA SMC rates. Take the 2022 COLA of 5.9 percent, multiply it by the 2021 SMC compensation rate, and then add that number to the rate. This adjusted figure is your 2022 VA monthly payment.
Dec 01, 2019 · Special Monthly Compensation (SMC) Rate Table - Effective 12/1/19. SMC. Rate. Payment variation. K. $110.31. Usually added to other rate or paid as the rate when percentage is zero. Q. $67.
10.12.2021 · There are several sub-categories of the SMC (SMC-K, SMC-L, SMC-Q, etc.) which affect the monthly payment rate. 2022 SMC payment rates For 2022, the SMC-K rate is $118.33.
Dec 10, 2021 · 2022 SMC payment rates For 2022, the SMC-K rate is $118.33. SMC Rates Without Children, SMC-L through SMC-N SMC Rates Without Children, SMC-N1/2 through SMC-S SMC Rates With Children, SMC-L through...
1.12.2021 · We also add this rate to all SMC basic rates except SMC-O, SMC-Q, and SMC-R. You may receive 1 to 3 SMC-K awards in addition to basic and SMC rates. SMC-Q. 67.00. This is a …
... to help veterans determine their 2022 Special Monthly Compensation rates. ... VA Disability Monthly Compensation Calculator ... Total SMC-K Awards.