Sec. 2 provides that, effective Dec. 1, 1959, no pension shall be paid for an incompetent veteran whose estate equals or exceeds $1,500 and who has no wife or child, while being furnished hospital treatment, institutional or domicillary care by the United States or any political subdivision. The veteran's pension may however, be apportioned for the veteran's dependent parents. From any amount remaining, there may be paid an amount equal to the amount charged to the veteran for his current maintenance in the institution.

Spouse's income in excess of $1,200 is chargeable as veteran's income.

Net worth may result in denial of pension.
When a veteran is being furnished hospital treatment, in-
stitutional or domiciliary care by the Veterans' Adminis-
tration, no pension in excess of $30 per month shall be paid
to or for him after 2 full calendar months. The remainder
of the veteran's pension may be paid to his wife or children.
Savings provision protects veterans on pension rolls on June
30, 1960, unless they elect pension under this act.

Effective July 1, 1952, pension provided by part III, Veterans Regulation No. 1 (a), as amended, subject to annual income limitation of $1,400 as to any unmarried person or $2,700 as to any married person or any person with minor children. Increased by 5 percent effective Oct. 1, 1954, monthly rates of pension payable to veterans and their dependents.

Established Jan. 31, 1955, as the terminal date of the Korean conflict period.

Effective June 1, 1957, prohibits payment of pension to any
person while imprisoned in penal institution as result of
conviction of felony or misdemeanor, the suspension
of payment to begin on 61st day of imprisonment. Sec. 2
authorizes payment to designated dependents where the
veteran is denied pension under the act.
Service in active military, naval, or air service for 90 days or
more during Korean conflict, or discharge for service-
connected disability, and a discharge or release from active
service under conditions other than dishonorable. Exist-
ence of permanent-total non-service-connected disability
not the result of willful misconduct or vicious habits.
Pension subject to annual income limitations of $1,400 with
respect to unmarried veteran or $2,700 with respect to

married veteran or any veteran with children. Prior pro-
visions relating to withholding of payments during hos-
pitalization, penal institution bar to payment, and exclu-
sions in determining income are continued. (Before act
became operative, it was amended to embody provisions
of act of Sept. 7, 1957, below.)

Payments of bonus or similar cash gratuity by any State,
Territory, possession, or Commonwealth of the United
States or the District of Columbia, based on military, naval,
or air service, shall not be considered in determining annual
income.

This act restated and enacted into positive law as title 38,
U. S. O., effective Jan. 1, 1959, the then existing laws pro-
viding this benefit (act of June 17, 1957, as amended by act
of Sept. 7, 1957).

Net worth may result in denial of pension.

When a veteran is being furnished hospital treatment, in-
stitutional or domiciliary care by the Veterans' Adminis
tration, no pension in excess of $30 per month shall be paid
to or for him after 2 full calendar months. The remainder
of the veteran's pension may be paid to his wife or children.
30, 1960, unless they elect pension under this act.

1 depend-2 depend-3 depend- Savings provision protects veterans on pension rolls on June

Service requirement met if veteran served for an aggregate
of 90 days or more in two or more separate periods of service
during more than one period of war.

Provisions for reduction of pension during VA hospitaliza-
tion, institutional or domiciliary care, restricted to single
veterans or married veterans not living with and not rea-
sonably contributing to support of spouse. Apportion-
ment of pension to wife authorized in hardship cases.
Provision of sec. 5(a) that the aid and attendance pension
allowance of veterans hospitalized by the Veterans' Ad-
ministration shall not be discontinued until the first day of
the second calendar month after the date of admission to
hospitalization.