Veterans' Benefits Act of 1992

Dependency and Indemnity Compensation Reform Act of 1992 - Title I: Reform of Dependency and Indemnity Compensation Program - Revises the formula for the computation of the payment to surviving spouses of veterans of dependency and indemnity compensation (DIC) to make such payment a flat monthly amount of $750, increased by $50 monthly in the case of: (1) the death of a veteran while performing active duty; or (2) the death of a veteran who at the time of death was in receipt of or entitled to compensation for a service-connected disability that was either totally disabling for at least five years preceding death or, if so rated for a lesser period, was so rated from the date of such veteran's discharge. Provides that, for the payment of DIC to the surviving spouses of veterans who died before January 1, 1993, the monthly rate shall be the higher amount between the current and revised formula. Increases the additional rate paid to a surviving spouse for each child of the veteran under the age of 18. Makes a provision of the Omnibus Budget Reconciliation Act of 1990, which prohibits the payment of DIC or death pension to a surviving spouse of a veteran who subsequently remarries, inapplicable to any case in which a legal proceeding to terminate such subsequent marriage was commenced before November 1, 1990, by an individual who would be considered the surviving spouse but for s…

Congressional Research Service · 1992-08-10