Special Monthly Compensation (SMC) is an additional tax-free benefit that the Department of Veterans Affairs (VA) offers to qualifying veterans, allowing them to receive compensation above the standard 100% disability rate. This compensation acknowledges the unique and severe impact some service-connected disabilities have on a veteran’s life. However, understanding and qualifying for SMC can be a complex undertaking.
Special Monthly Compensation Breakdown
Special Monthly Compensation (SMC) has several tiers, catering to various levels of severity in disabilities. These tiers are designed to address the myriad ways severe disabilities can affect a veteran’s life, ensuring that they receive adequate support.
SMC-S: Housebound Rate One of the more commonly discussed tiers is SMC-S, often referred to as the Housebound Rate. This compensation provides an additional $446 per month and can be achieved through two primary routes: