An 80-year-old veteran may be able to receive benefits such as monthly disability payments, health care and a pension through the U.S. Department of Veterans Affairs. The veteran's eligibility status depends on his service record, current income, and the cause and severity of the disability.
Veterans are eligible for disability compensation if they currently have a disability that was caused or aggravated during military service. Disability compensation rates depend on the severity of the disability. The VA rates disabilities in 10 percent increments from 0 to 100 percent, and if the veteran has multiple disabilities, they are combined according to a VA table. A veteran who qualifies for disability benefits receives tax-free monthly payments.
To be eligible for health care, veterans must not have received a dishonorable discharge. Health care is free for most veterans, while others have to make small copayments. The VA awards need-based pensions to veterans who are at least 65 years old or have a permanent disability that is not related to their military service. They must have limited or no income and provide documents to prove their financial situation. If they qualify for a basic pension and are housebound, they may also qualify for an increased rate to help them hire a person who can assist them with the tasks of daily living.