Nov 16, 2016

By:  admin

Veterans in Assisted Living Could Qualify for Valuable Pension

Oak Pointe of Richmond is proud to be home to several U.S. veterans and their spouses. We have veterans who served in World War II and Korea. These veterans sacrificed so much for our nation and are today deserving of our respect and gratitude.

veteran-stock-89604921Unfortunately, too many of our veterans and their dependents are not receiving all the benefits to which they’re entitled. In fact, it’s estimated that fewer than 3 percent of America’s 15 million eligible war veterans and surviving spouses are taking advantage of pensions available through the Department of Veteran Affairs.

That’s why our recent Veteran’s Day lunch included a Q&A session about these benefits, particularly the Aid & Attendance pension designed for those who need assisted living. The event was one of our most popular to date, with more than 40 residents and community members signing up for the program.

What Veterans Need To Know About Aid & Attendance Pension

Jim Rippy of the Richmond VFW and Glen Martin of Oak Pointe of Richmond covered a lot of ground in their talk. But here are some key things veterans and their spouses should know about Aid & Attendance:

  • Eligible veterans for Aid & Attendance must have served during a wartime period.
  • Veterans and their surviving spouses must require the assistance of another person to complete certain everyday tasks, such as bathing, taking medications or preparing meals.
  • Residents of assisted living facilities are eligible to receive Aid & Attendance.
  • For a veteran without dependents, Aid & Attendance can increase the basic veteran pension from around $1,000 a month to $1,700 per month.
  • Some people qualify for Aid & Attendance even if their income disqualifies them from the basic pension.

At Oak Pointe of Richmond, we believe in giving elders the tools and resources they need to improve their lives. With regular discussions on everything from financial planning to yoga, we strive to keep our residents informed and active. For more on our workshops or specific questions on Aid & Attendance benefits, please call Glen Martin at 816-776-3877.

We’re looking forward to answering your questions, just let us know the best way to reach you.

Address

Provision Living Senior Communities
1630 Des Peres Road, Ste 310
St. Louis, MO 63131
Federal Equal Housing Opportunity

We are pledged to the letter and spirit of the U.S. policy for the achievement of equal housing opportunity throughout the nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of color, religion, sex, handicap, familial status, or national origin.