{"id":7531,"date":"2024-07-23T15:00:00","date_gmt":"2024-07-23T15:00:00","guid":{"rendered":"https:\/\/itsveterans.com\/?p=7531"},"modified":"2024-07-23T15:00:00","modified_gmt":"2024-07-23T15:00:00","slug":"va-has-now-granted-benefits-to-1-1-million-veterans-and-their-survivors-in-fiscal-year-2024-surpassing-all-time-record","status":"publish","type":"post","link":"https:\/\/itsveterans.com\/?p=7531","title":{"rendered":"VA has now granted benefits to 1.1 million Veterans and their survivors in fiscal year 2024, surpassing all-time record"},"content":{"rendered":"

Originally published:<\/strong> 2024-07-23T15:00:00+00:00. Historical source article: benefits, rules, amounts and deadlines may have changed. Check the official source for current information.<\/p>\n

WASHINGTON <\/strong>\u2014 Today, the U.S. Department of Veterans Affairs announced that \u2014 three-quarters of the way through the fiscal year \u2013 it has granted benefits to 1.1 million Veterans and their survivors, an all-time record. In total, VA has awarded $137B in benefits, including $127 billion in compensation and pension benefits, to Veterans and survivors this year.<\/p>\n

To reach this milestone, VA has processed more than 2 million claims in 2024 \u2014 another all-time record,<\/a> on pace to surpass last year\u2019s record by more than 27%. The grant rate for these claims is 64.6% and the average overall disability rating granted to Veterans this year to-date is 70%, equating to over $20,000 per year in disability compensation.<\/p>\n

President Biden made supporting Veterans a key pillar in his Unity Agenda for the nation, noting that we have a sacred obligation to care for Veterans and make sure they get the benefits they have earned. VA has been able to deliver more care and more benefits to more Veterans than ever before largely thanks to the PACT Act, which was signed into law by President Biden in August 2022 and represents the largest expansion of Veteran care and benefits in generations. Of the claims granted so far in FY2024, 655,808 were PACT Act-related.<\/p>\n

\u201cOur goal is to make sure every Veteran and every survivor gets the benefits they\u2019ve earned for their service to this country,\u201d said VA Under Secretary for Benefits Joshua Jacobs<\/strong>. \u00a0\u201cThese Veterans and survivors are now receiving monthly payments for the conditions that followed them home from war or took the lives of their loved ones \u2014 and there is nothing, nothing more important than that.\u201d<\/p>\n

Overall, VA is now delivering more care and more benefits to Veterans in a variety of ways:<\/p>\n