President Says Possibly No VA Checks

President Obama today warned that Social Security, Disability and Veterans Pension checks might
not be sent out on August 3rd.

Democrats and Republicans are still haggling on the issue of raising the national debt ceiling, and if
no agreement is reached soon there is a very large chance that the checks will not be mailed, or
sent via direct deposit.

The President said "I cannot guarantee that those checks will go out on August 3rd if we haven't
resolved this issue. Because there may simply not be the money in the coffers to do it."

The President went on to say "This is not just a matter of Social Security checks. these are
veteran's checks, these are folks on disability and their checks. There are about 70 million
checks that go out."

The administration and many economists have warned of economic disaster if an agreement to
raise the U.S. borrowing limit is not reached by August 2nd.

Tell your Senator and Representative that an agreement must be reached now, we cannot allow
the country to default on its loans.

Jerald Terwilliger
National Chairman
American Cold War Veterans
"We Remember"

---------------- "And so the greatest of American triumphs... became a peculiarly joyless victory. We had won the Cold War, but there would be no parades." -- Robert M. Gates, 1996

VA Pension and Social Security

Had a question thrown at me.

Can you draw Social Security and VA Pension.
The answer is yes, but the VA counts all your income; that includes Social Security. So your pension payments will be reduced. The magic number is $985.00 so if you receive $600 from SS your pension
would be reduced to $385.00

However, SSI (Supplemental Security Income) and SSD(Social Security Disability) as I understand
are not counted.

Also if you are receiving health care benefits from VA your benefits may change or end when
you become eligible for Medicare.


The VA pension is not counted in SS and is I believe tax free.

Several Veterans Organizations are working hard to have this changed, so that you would be able
to draw your full pension and full SS.

Jerald Terwilliger
National Chairman
American Cold War Veterans
"We Remember"

---------------- "And so the greatest of American triumphs... became a peculiarly joyless victory. We had won the Cold War, but there would be no parades." -- Robert M. Gates, 1996