Pub. L. 94-432, tit. II, sec. 202

Sec. 202. Section 521 of title 38, United States Code, is amended— (1) by amending the table in section (b)(1) to read as follows: “The monthly rate of pension shall be $185 reduced by— For each $1 of annual income Which is more than— But not more than— $0.00 0 $300 .03 $303 500 .04 500 700 .05 700 900 .06 900 1,500 .07 1,500 1,800 .08 1,800 3,540”; (2) by striking out “$3,300” in subsection (b)(3) and inserting in lieu thereof “$3,540”. (3) by amending the table in subsection (e)(1) to read as follows: “The monthly rate of pension tor a veteran shall be— $199 if he or she has one dependent; $204 if he or she—has two dependents; and $209 if he or she has three or more dependents; reduced by— For each $1 of annual income Which is more than— But not more than— $0.00 0 $500 .02 $500 700 .03 700 1,100 .04 1,100 2,400 .05 2,400 3,100 .06 3,100 3,500 .07 3,500 3,700 .08 3,700 4,760”; 90 STAT. 1370 (4) by striking out “$4,500” in subsection (c)(3) and inserting in lieu thereof “$4,760”; (5) by an lending subsection (d) to read as follows: “(d) (1) If the veteran is in need of regular aid and attendance, the monthly rate payable to such veteran under subsection (b) or (c) shall be increased by $155. “(2) In any ease in which— “(A) any veteran is denied pension under subsection (b) or (c) of this section solely for the reason that his annual income exceeds the maximum income limitation set forth in such subsection, or “(B) payment of pension to any veteran under such subsection (b) or (c) is discontinued for such reason, and such veteran is in need of aid and attendance, such veteran shall be entitled to a monthly rate of $155 reduced by 16.6 per centum for each $100, or portion thereof, by which the veteran’s annual income exceeds the applicable maximum annual income limitation; but no monthly rate shall be payable under this paragraph if the veteran’s annual income exceeds such limitation by more than $500.”. (6) by striking out “$53” in subsection (e) and inserting in lieu thereof “$57”; and (7) by adding at the end thereof the following new paragraph: “(h) The rate of pension payable to any veteran receiving benefits under subsections (b), (c), (d), and (e) of this section shall be increased by 25 per centum beginning on the first day of the month during which the veteran attains age 78.”.