According to the 2012 U.S. Census brief, there are more than 12.4 million veterans age 65 and older living in the United States. The Department of Veterans Affairs (VA) is responsible for adjusting the level of benefits that veterans are entitled to receive. In addition, the Department of Veterans Affairs provides a pension service program to elderly veterans known as Housebound. Housebound entitles a veteran to receive additional monetary compensation on a monthly basis.
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