Loading chat...
NY A08942
Bill
Status
3/4/2014
Primary Sponsor
John McDonald
Click for details
AI Summary
-
Increases annual annuity payments for blind veterans from the current amount to $1,500 annually, plus applicable annual adjustments.
-
Increases annual annuity payments for unremarried surviving spouses of blind veterans from the current amount to $1,500 annually, plus applicable annual adjustments.
-
Changes the annual adjustment mechanism effective December 1, 2014 to match the percentage increase in Social Security Title II benefits, rounded up to the next highest one-tenth of one percent, with a minimum of 1 percent and maximum of 4 percent.
-
Requires the director of veterans' affairs to publish the adjusted annuity amounts by February 1 of each year.
Legislative Description
Provides for an increase in the rates of annuities payable to veterans and surviving spouses of veterans.
Last Action
print number 8942a
6/16/2014