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38 U.S.C. § 1508 — Frequency of payment of pension benefits

submitted 48 years ago by Pub. L. 95-588 to r/title-38-VETERANS-BENEFITS · 77 words · no verdicts yet

in plain englishAI-generated · not legal advice

Benefits under sections 1521, 1541, and 1542 are paid monthly by default. The Secretary may allow less frequent payments under regulations when the annual benefit is less than 4 percent of the maximum annual rate for a veteran under section 1521(b).

(a) Unless subsection (b) provides otherwise, benefits under sections 1521, 1541, and 1542 of this title must be paid monthly.

(b) Under regulations the Secretary must issue, benefits under sections 1521, 1541, and 1542 may be paid less often than monthly if the annual benefit is less than 4 percent of the maximum annual rate payable to a veteran under section 1521(b) of this title.

the actual law source: uscode.house.gov ↗public domain
(a)

Except as provided under subsection (b) of this section, benefits under sections 1521, 1541, and 1542 of this title shall be paid monthly.

(b)

Under regulations which the Secretary shall prescribe, benefits under sections 1521, 1541, and 1542 of this title may be paid less frequently than monthly if the amount of the annual benefit is less than 4 percent of the maximum annual rate payable to a veteran under section 1521(b) of this title.

Source credit: (Added Pub. L. 95–588, title I, § 104(a), Nov. 4, 1978, 92 Stat. 2499, § 508; amended Pub. L. 102–54, § 14(b)(6), June 13, 1991, 105 Stat. 283; renumbered § 1508 and amended Pub. L. 102–83, §§ 4(b)(1), (2)(E), 5(a), (c)(1), Aug. 6, 1991, 105 Stat. 404–406.)

history & why it existsrecord from the source credit
  • 1978Enacted · Pub. L. 95-588 · 92 Stat. 2499
  • 1991Amended · Pub. L. 102-54 · 105 Stat. 283
  • 1991Amended · Pub. L. 102-83 · 105 Stat. 404

A history note hasn’t been published yet. The record shows enactment by Pub. L. 95-588 on 1978-11-04.

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