In 2001, the VA did a study which estimated that, over the next 14 years, only about 30% of eligible veterans would apply for Pension.
Pension actually refers to aid and attendance for a little-known veteran’s disability income. Veterans or their single surviving spouses can become eligible for this benefit if they have regular need for the aid and attendance of a caregiver, or if they are housebound.
Evidence of this need for care must be certified by VA as a "rating."
Pension is also available to low income veteran households without a rating, but it is a lesser dollar amount. For more info about this benefit go to http://www.careforcalifornia.net/articles/article-2010-2-7.htm
The VA offers many other benefits, with over 1300 care sites in the US, including Nursing Homes and Assisted Living Communities, Home Renovation for Disability and VA Home Loans. For more information about VA Benefits and how to qualify for them, go to http://www.vba.va.gov/VBA/