Dependency and Indemnity Compensation Cost of Living Adjustments

Published date14 January 2022
Citation87 FR 2487
Record Number2022-00694
SectionNotices
CourtVeterans Affairs Department
2487
Federal Register / Vol. 87, No. 10 / Friday, January 14, 2022 / Notices
information on respondents, including
through the use of automated collection
techniques or other forms of information
technology; and (e) estimates of capital
or start-up costs and costs of operation,
maintenance, and purchase of services
to provide information.
Approved: January 10, 2022.
Jon R. Callahan,
Tax Analyst.
[FR Doc. 2022–00644 Filed 1–13–22; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Debt Management Advisory Committee
Meeting
Notice is hereby given, pursuant to 5
U.S.C. app. 2, 10(a)(2), that a meeting
will take place via conference call on
February 1, 2022 at 10:30 a.m. of the
following debt management advisory
committee: Treasury Borrowing
Advisory Committee.
At this meeting, the Treasury is
seeking advice from the Committee on
topics related to the economy, financial
markets, Treasury financing, and debt
management. Following the working
session, the Committee will present a
written report of its recommendations.
The meeting will be closed to the
public, pursuant to 5 U.S.C. app. 2,
10(d) and Public Law 103–202,
202(c)(1)(B)(31 U.S.C. 3121 note).
This notice shall constitute my
determination, pursuant to the authority
placed in heads of agencies by 5 U.S.C.
app. 2, 10(d) and vested in me by
Treasury Department Order No. 101–05,
that the meeting will consist of
discussions and debates of the issues
presented to the Committee by the
Secretary of the Treasury and the
making of recommendations of the
Committee to the Secretary, pursuant to
Public Law 103–202, 202(c)(1)(B). Thus,
this information is exempt from
disclosure under that provision and 5
U.S.C. 552b(c)(3)(B). In addition, the
meeting is concerned with information
that is exempt from disclosure under 5
U.S.C. 552b(c)(9)(A). The public interest
requires that such meetings be closed to
the public because the Treasury
Department requires frank and full
advice from representatives of the
financial community prior to making its
final decisions on major financing
operations. Historically, this advice has
been offered by debt management
advisory committees established by the
several major segments of the financial
community. When so utilized, such a
committee is recognized to be an
advisory committee under 5 U.S.C. app.
2, 3.
Although the Treasury’s final
announcement of financing plans may
not reflect the recommendations
provided in reports of the Committee,
premature disclosure of the Committee’s
deliberations and reports would be
likely to lead to significant financial
speculation in the securities market.
Thus, this meeting falls within the
exemption covered by 5 U.S.C.
552b(c)(9)(A).
The Office of Debt Management is
responsible for maintaining records of
debt management advisory committee
meetings and for providing annual
reports setting forth a summary of
Committee activities and such other
matters as may be informative to the
public consistent with the policy of 5
U.S.C. 552(b). The Designated Federal
Officer or other responsible agency
official who may be contacted for
additional information is Fred
Pietrangeli, Director for Office of Debt
Management (202) 622–1876.
Dated: January 11, 2022.
Frederick E. Pietrangeli,
Director (for Office of Debt Management).
[FR Doc. 2022–00676 Filed 1–13–22; 8:45 am]
BILLING CODE 4810–AK–P
DEPARTMENT OF VETERANS
AFFAIRS
Dependency and Indemnity
Compensation Cost of Living
Adjustments
AGENCY
: Department of Veterans Affairs.
ACTION
: Notice.
SUMMARY
: As required by the ‘‘Veterans
Compensation Cost-of-Living
Adjustment Act of 2021,’’ the
Department of Veterans Affairs (VA) is
hereby giving notice of Cost-of-Living
Adjustments (COLA) in certain benefit
rates. These COLAs affect the
Dependency and Indemnity
Compensation (DIC) program. The rate
of the adjustment is tied to the increase
in Social Security benefits effective
December 1, 2021, as announced by the
Social Security Administration (SSA).
SSA has announced an increase of
5.9%.
DATES
: The increases in amounts
became effective December 1, 2021.
FOR FURTHER INFORMATION CONTACT
:
David Klusman, Lead Program Analyst,
Pension and Fiduciary Service, Veterans
Benefits Administration, Department of
Veterans Affairs, 810 Vermont Avenue
NW, Washington, DC 20420, Telephone
(202) 632–8862. (This is not a toll-free
number).
SUPPLEMENTARY INFORMATION
: Under the
provisions of Public Law 117–45, VA is
required to increase, effective December
1, 2021, the benefit rates of the DIC
program by the same percentage as
increases in the benefit amounts payable
under title II of the Social Security Act.
VA is required to publish a notice of the
increased rates in the Federal Register.
SSA has announced a 5.9% COLA
increase in Social Security benefits
effective December 1, 2021. Therefore,
applying the same percentage, the
following increased rates and income
limitations for the DIC program became
effective December 1, 2021:
Dependency and Indemnity
Compensation Monthly Payment Rates
DIC Payable to a Surviving Spouse—
Veteran Death on or After January 1,
1993
Basic Monthly Rate: $1,437.66.
If at the time of the Veteran’s death,
the Veteran was in receipt of or entitled
to receive compensation for a service-
connected disability rated totally
disabling (including a rating based on
individual unemployability) for a
continuous period of at least 8 years
immediately preceding death and the
surviving spouse was married to the
Veteran for those same 8 years, add:
$305.28.
For each dependent child under the
age of 18, add: $356.16.
If the surviving spouse is entitled to
Aid and Attendance benefits, add
$356.16.
If the surviving spouse is entitled to
Housebound benefits, add $166.85.
If the surviving spouse has one or
more children under the age of 18 on
the award per 38 U.S.C. 1311(f), add the
2-year transitional benefit of $306.00.
DIC Payable to a Surviving Spouse—
Veteran Death Prior to January 1, 1993
Veteran paygrade Amount
payable
E–1(f) ........................................ $1,437.66
E–2(f) ........................................ 1,437.66
E–3(a, f) .................................... 1,437.66
E–4(f) ........................................ 1,437.66
E–5(f) ........................................ 1,437.66
E–6(f) ........................................ 1,437.66
E–7(g) ....................................... 1,487.35
E–8(g) ....................................... 1,570.20
E–9(g) ....................................... 1,637.64
E–9(b) ....................................... 1,767.80
W–1(g) ...................................... 1,518.14
W–2(g) ...................................... 1,578.47
W–3(g) ...................................... 1,624.62
W–4(g) ...................................... 1,719.28
O–1(g) ....................................... 1,518.14
O–2(g) ....................................... 1,570.20
O–3(g) ....................................... 1,677.86
O–4 ........................................... 1,778.43
O–5 ........................................... 1,957.12
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Federal Register / Vol. 87, No. 10 / Friday, January 14, 2022 / Notices
Veteran paygrade Amount
payable
O–6 ........................................... 2,206.80
O–7 ........................................... 2,381.89
O–8 ........................................... 2,616.20
O–9 ........................................... 2,798.41
O–10 ......................................... 3,069.37
O–10(c) ..................................... 3,294.20
(a) The surviving spouse of an
Aviation Cadet or other service not
covered by this table is paid the DIC rate
for enlisted E–3.
(b) Veterans who served as Sgt. Major
of the Army or Marine Corps, Senior
Enlisted Advisor of the Navy, Chief
Master Sgt. of the Air Force, Sgt. Major
of the Marine Corps, or as Major Chief
Petty Officer of the Coast Guard.
(c) Veterans who served as Chairman
of the Joint Chiefs of Staff, Chief of Staff
of the Army or Air Force, Chief of Naval
Operations, Commandant of the Marine
Corps, or as Commandant of the Coast
Guard.
(d) If surviving spouse is entitled to
aid and attendance, add $356.16; if
entitled to housebound, add $166.85.
(e) Add $356.16 for each child under
18.
(f) Add $305.28 if Veteran rated
totally disabled for eight continuous
years prior to death and surviving
spouse was married to Veteran those
same eight years.
(g) The base rate is $1,742.94 if
Veteran rated totally disabled for eight
continuous years prior to death and
surviving spouse was married to
Veteran those same eight years.
DIC Payable to Children
Surviving Spouse Entitled
For each child over the age of 18 who
is attending an approved course of
education, the rate is $301.74.
For each child over the age of 18 who
is helpless, the rate is $607.02.
No Surviving Spouse Entitled
Number of
children Total payable Each child’s
share
1 ................ $607.02 $607.02
2 ................ 873.24 436.62
3 ................ 1,139.49 379.83
For each additional child, add
$216.54 to the total payable amount to
be paid in equal shares to each child.
For each additional helpless child
over 18, add $356.16 to the amount
payable to the helpless child.
Signing Authority
Denis McDonough, Secretary of
Veterans Affairs, approved this
document on January 10, 2022 and
authorized the undersigned to sign and
submit the document to the Office of the
Federal Register for publication
electronically as an official document of
the Department of Veterans Affairs.
Luvenia Potts,
Regulation Development Coordinator, Office
of Regulation Policy & Management, Office
of General Counsel, Department of Veterans
Affairs.
[FR Doc. 2022–00694 Filed 1–13–22; 8:45 am]
BILLING CODE 8320–01–P
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