The VETS Act – how it will benefit veterans and families
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The single ongoing Act provides greater clarity for veterans and veteran families about their benefits and entitlements.
Consolidating the legislation into one Act will ensure more consistent compensation outcomes for veterans and families.
To give financial certainty to veterans and families, a key feature of the new model is the ‘grandparenting’ arrangements. Anyone receiving benefits before the Act’s commencement date of 1 July 2026 will not have any reduction in those payments before or after 1 July 2026. They will also continue to be indexed annually.
What will this mean for me?
- I’m currently covered under the MRCA
- I’m currently covered under the VEA
- I’m a partner of a VEA veteran
- I’m currently covered under the DRCA
- I’m a partner of a DRCA veteran
- I’m a veteran with TPI
- I’m a National Serviceman (Nasho)
- I’m a child of a veteran
- I’m a Reservist
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