Disability Compensation: Review of Concurrent Receipt of Department of Defense Retirement, Department of Veterans Affairs Disability Compensation, and Social Security Disability Insurance

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By Seto J. Bagdoyan (au)
Year: 2014
Pages: 38
Binding Paperback
ISBN 978-1-4578-5873-4

Product Code: 1457858738

Description

The Social Security Board of Trustees projects that the Social Security Disability Insurance (SSDI) trust fund, which provides benefits to individuals who cannot work due to a medical condition that is expected to last at least 1 year or result in death, will be exhausted in 2016 and notes that changes designed to improve the financial status of the SSDI program are needed soon. This report examined other federal benefit programs that could be overlapping with disability programs administered by the Social Security Admin. (SSA). Current law allows individuals to receive concurrent military retirement benefits from 3 sources: the Dept. of Defense (DOD), Dept. of Veterans Affairs (VA) disability compensation, and SSDI. This report identifies the number of disabled military personnel who received concurrent benefit payments from DOD retirement, VA disability compensation, and SSDI during FY 2013. Out of the 1.9 million DOD nondisability and disability retirees, this report identified 59,251 individuals who received concurrent payments in FY 2013 from DOD retirement, VA disability compensation, and SSDI. The payments totaled over $3.5 billion. Tables and figures. This is a print on demand report.

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