Tag Archives: pension

Benefits for Veterans


| rfatoullah@queenscourier.com


Veterans with limited income who are permanently and totally disabled or 65 years or older may receive an improved pension. To receipt this benefit, the veteran must have been discharged under other than dishonorable conditions and served 90 days or more of active duty, one day of which was during World War II, the Korean War, Vietnam War or Gulf War. A Veteran Administration’s improved pension has three levels: Basic Pension, Housebound Pension and Aid & Attendance.

The first level is the Basic Pension, for which veterans 65 and older are eligible. The Veterans Administration (“VA”) classifies any veteran who reaches the age of 65 as permanently and totally “disabled.” This classification entitles the veteran or his widow to a Basic Pension. A doctor’s assessment is not necessary to confirm disability.

In order to receive the Basic Pension, the veteran must be financially eligible for the pension after a review of income and assets. The VA must determine that the veteran’s assets, excluding his home, furnishings and vehicles, are not sufficient to support him for his lifetime. A commonly used measure is whether there is $80,000 or less in assets, regardless of whether the veteran is married or single. The current maximum monthly basic pension is approximately $1,201 monthly ($12,255 annually).

The second level of pension is the Housebound Pension. To be eligible for Housebound Pension, the individual need not require assistance with activities of daily living per se, but must require some assistance as confirmed by the veteran’s personal physician. The veteran must have a single permanent disability that is 100 percent disabling and be permanently confined to his premises or have a single permanent disability that is 100 percent disabling and another disability that is 60 percent or more disabling. The maximum housebound pension is $1,248 per month ($14,977 annually). The veteran cannot receive Aid and Attendance and Housebound benefits at the same time.

The highest level awarded is Aid & Attendance. Aid & Attendance is a benefit for veterans and surviving spouses who need assistance with activities of daily living, without which they would not be able to function independently. To qualify medically, a veteran or surviving spouse must need the assistance of another person to perform daily tasks, such as eating, dressing, undressing, taking care of the nature’s needs, etc. Being blind or in a nursing home for mental or physical incapacity, or residing in an assisted living facility also qualifies. The attending physician must certify that the individual’s physical limitations are such that he cannot live independently without assistance. The current maximum monthly Aid & attendance benefit is $1,703 ($20,446 annually).

If Medicaid is covering a nursing home resident’s care, the facility will receive the pension and Aid & Attendance and the resident will receive $90 monthly for his personal needs. Due to the complex nature of benefits for veterans, it is advisable to consult a professional who can provide advice regarding what benefits may be available, and to ensure that the Veteran has his legal house in order.

Ronald Fatoullah is a leading expert in the field of elder law. He is the founder and managing attorney of Ronald Fatoullah & Associates, a law firm concentrating in elder law, Medicaid eligibility, estate planning, special needs, trusts, guardianships, & probate. He is certified as an elder law attorney by the National Elder Law Foundation, and he is the current Legal Committee Chair of the Long Island Alzheimer’s Association. This article was written with the assistance of Yan Lian Kuang-Maoga, Esq. Ms. Kuang-Maoga speaks Mandarin and Cantonese and assists with the firm’s Chinese speaking clientele. The firm’s offices are conveniently located in: Long Island, Queens, Manhattan & Brooklyn and can be reached at: 1-877-Elder Law 1-877-Estates.

Fiancee of Sean Bell urges NYPD Chief Ray Kelly to fire officers in beau’s shooting death


| jlane@queenscourier.com

Graphic by Jay Lane

Fiancee of Sean Bell urges NYPD Chief Ray Kelly to fire officers in beau’s shooting death

Sean Bell’s fiancée Thursday urged the city’s top cop to sack all five officers who fired in the shooting frenzy that killed her beau on their wedding day in 2006. Nicole Paultre-Bell made the demand of Police Commissioner Raymond Kelly after an NYPD trials commissioner recommended Tuesday that one of the cops, Detective Gescard Isnora, be booted from the force for violating department protocol while undercover and firing the first shot in the 50-shot barrage. Read More: Daily News

Mayor Michael Bloomberg breaks ground on Willets Point redevelopment 

Mayor Bloomberg broke ground Thursday on a controversial redevelopment that he vowed will transform gritty Willets Point into “a major engine for economic growth.” Bloomberg unearthed dirt with a slew of elected officials just steps from the mix of auto body shops and junkyards that abuts Citi Field. Read More: Daily News

Enter The Courier’s Giveaway of the Day Contest

The holidays are in full swing and in keeping with the spirit of the season of giving The Queens Courier is handing out free prizes daily. Today, four tickets to the North Shore Towers Cinema will be raffled off.  All you need to enter is an email address and your zip code. Click here to enter the contest. Check back daily as new prizes will be offered each day.  Yesterday, Robert Vasquez took home two tickets to the St. John’s Red Storm. Via Queens Courier

21 charged in scheme to defraud NY car dealerships

Members of a New York City auto crime ring busted this week bribed people into applying for expensive automobile loans for Cadillacs, Porsches and other luxury cars, then defaulted on millions of dollars and sold the cars on the black market. One of the 50 cars wrongly procured, a Porsche, was used to dump the body of one of two victims shot in 2009 inside the Long Island condo belonging to pro football player Jonathan Vilma, authorities said. Read More: Wall Street Journal

Disgraced former New York Controller Alan Hevesi will keep rotting in prison as parole board turns him down

 

Disgraced former state Controller Alan Hevesi was denied his first attempt at parole Thursday and will spend at least another year behind bars, the Daily News has learned. The once powerful Queens Democrat is serving a one-to-four year sentence at medium-security Mid-Hudson Correctional Facility in Oneida County for his role in a massive pay-to-play pension fund scandal during his tenure as state controller. Read More: Daily News

Alexander’s Secures $275M Refinancing of Rego Park II in Queens

 

Alexander’s, Inc. has completed a $275 million refinancing of its 610,000 square foot Rego Park II shopping center located in Queens. The seven-year loan bears interest at LIBOR plus 1.85 percent and amortizes based on a 30-year schedule. The proceeds of the new loan were used to repay the existing loan on the property. Alexander’s, Inc. is a real estate investment trust that has seven properties in the greater New York City metropolitan area. Read More: CityBizList