Your yearly family income must be less than the amount set by Congress to qualify for the Survivors Pension benefit. If eligible, your pension benefit is the difference between your "countable" income and the annual pension limit set by Congress. VA generally pays this difference in 12 equal monthly payments.
Countable income includes income from most sources as well as from any eligible dependents. It generally includes earnings, disability and retirement payments, interest and dividend payments from annuities, and net income from farming or a business. Some expenses, such as unreimbursed medical expenses, may reduce your countable income.
Net worth is the sum of a claimant’s or beneficiary’s assets and annual income. You should report all of your net worth. For purposes of entitlement to Survivors Pension, the net worth limit effective December 1, 2018 is $127,061.
If, for example, the annual income limit on December 1, 2005, for a spouse without a dependent, as set by Congress, is $7,094 and your income is $6,000, your VA Survivors Pension will be $1,094 ($7,094 - $6,000 = $1,094) paid in monthly installments.
A portion of your unreimbursed medical expenses (what you paid out of pocket after medical insurance pays) may reduce your countable income. You can apply the portion of your unreimbursed medical expenses only if the expenses exceed 5% of the maximum annual rate allowed by Congress. Using the example above for an income of $6,000:
If your medical expenses for a year are $8,000 and your medical insurance pays $6,400 of that, your unreimbursed medical expense is ($8,000 - $6,400) $1,600.