Budgetary Needs of the Veterans Benefits Administration Hearing Before the Sub

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Budgetary Needs of the Veterans Benefits Administration Hearing Before the Sub
Pension United States Congress House Committee On Veter
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5 BILLION FOR COMPENSATION PROGRAMS IN 1995 AND $3. 3 BILLION FOR PENSION PROGRAMS. THESE APPROPRIATIONS, WHICH TAKE INTO ACCOUNT A PROJECTED 3 PERCENT COST-OF-LIVING ADJUSTMENT IN COMPENSATION (35) 36 AND PENSION PROGRAMS DURING FY 1995, WILL ENSURE UNINTERRUPTED BENEFIT PAYMENTS TO VETERANS AND DEPENDENTS. THE COST-OF-LIVING INCREASE IS BASED UPON THE ANTICIPATED CHANGE IN THE CONSUMER PRICE INDEX AND IS IDENTICAL TO THE COLA ESTIMATE FOR SOCIAL SECURITY RECIPIENTS.
OUR PROJECTED GENERAL OPER
...ATING EXPENSES (GOE) ACCOUNT FUNDING AND ADJUDICATION FTEE IN 1995 REFLECT THE HARD REALITIES THAT WE ARE FACING TODAY. AT THE END OF FY 1993 WE HAD a357 ADJUDICATION FTEE, AND OUR GOE OBLIGATION FOR THAT YEAR TOTALLED $180 MILLION. FOR 199^ WE HAVE A CEILING OF ^505, AND CURRENTLY WE ARE AT ^^80 . OUR ESTIMATED GOE OBLIGATION IS $19^ MILLION. FOR 1995 WE WILL HAVE A CEILING OF ai63 FTEE, REPRESENTING A DROP OF OVER 300 FROM OUR CURRENT LEVEL. GOE REQUESTS FOR 1995 WILL ALSO DECREASE TO $189. 9 MILLION.

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