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What is the difference between disability compensation and pension from the Department of VA?

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What is the difference between disability compensation and pension from the Department of VA?

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Compensation is paid to a veteran with a disability that is related to military service. To qualify for a pension, a veteran must have wartime service and be permanently and totally disabled or age 65 or older. A veteran’s eligibility for a pension is determined by income level and the number of his/her dependents.

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