What are the differences between special monthly compensation and regular monthly compensation?

Special Monthly Compensation (SMC) is a type of financial assistance provided by the Department of Veterans Affairs (VA) to veterans who have disabilities that are related to their military service. This type of compensation is also referred to as additional compensation and can be received in addition to basic compensation payments. Regular Monthly Compensation (RMC) is a type of financial assistance also provided by the Department of Veterans Affairs (VA) to veterans who have service-related disabilities. This type of compensation is also referred to as basic compensation and is based on the severity of a veteran’s disability. The primary difference between SMC and RMC is the criteria used to determine the compensation amount. For SMC, the VA considers all of the veteran’s disabilities, not just service-related disabilities. This makes SMC more beneficial for veterans who have multiple disabilities, or disabilities that are not necessarily related to their military service. The criteria for RMC, however, are largely based on the severity of the veteran’s service-related disability or disabilities. This means that a veteran who is only affected by one disability and is not eligible for SMC may still be eligible for RMC. It is important to note that the amounts of these two types of compensation may vary and are based on different criteria. Therefore, it is important for veterans to research and understand the criteria for both SMC and RMC to ensure they receive the compensation they are entitled to.

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What are the differences between special monthly compensation and regular monthly compensation?

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