A bill to amend title 38 of the United States Code to provide a special pension for veterans of World War I and their widows.

Provides a special pension for veterans of World War I computed at the rate of $5 for every month served in the Armed Services plus $10 per month for service overseas but not to exceed $150 per month.

Provides pensions for widows of such veterans at one-half the monthly rate as computed above. (Adds 38 U.S.C. 571-573)