A bill to amend title 38, United States Code, to provide that pensions payable by the Veterans' Administration shall not be reduced by the amount of the annual income of the recipient after the recipient attains age 70.

Provides that Veterans' Administration pension, disability, and indemnity compensation payments to certain war veterans, and surviving parents, spouses, and children shall not be reduced by the amount of annual income of the recipient after such recipient reaches age 70.