3.28—Automatic adjustment of section 306 and old-law pension income limitations.

Whenever the maximum annual rates of improved pension are increased by reason of the provisions of 38 U.S.C. 5312, the following will be increased by the same percentage effective the same date:
(a) The maximum annual income limitations applicable to continued receipt of section 306 and old-law pension; and
(b) The dollar amount of a veteran's spouse's income that is excludable in determining the income of a veteran for section 306 pension purposes. (See § 3.262(b)(2) )

Code of Federal Regulations

These increases shall be published in the Federal Register at the same time that increases under § 3.27 are published.

Code of Federal Regulations

(Authority: Sec. 306, Pub. L. 95-588).

Code of Federal Regulations

[52 FR 34908, Sept. 14, 1987]