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The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress, and was published on Sep 10, 2015.
This bill increases the special monthly pension for living Medal of Honor recipients.
The Department of Veterans Affairs (VA) shall not make an annual pension increase for such recipients, effective December 1, 2016, if the increased monthly pension under this Act takes effect before such date. If the VA does not make the December 1, 2016 increase, however, annual increases shall resume as of December 1, 2017.