Lowe’s Expands Support of the Military with Year-Round Discount

 

 

10 Percent Discount for Active, Reserve, Retired and Disabled Military

Personnel and Immediate Family Members

February 10, 2010 09:41 AM Eastern Time

MOORESVILLE, N.C.--(EON: Enhanced Online News)--Lowe’s Companies, Inc.

announced today it will expand its support of the military by offering an all day, every

day 10 percent discount to all military personnel who are active, reserve, retired or

disabled veterans and their family members, with a valid, government-issued military ID

card.

“The year-round discount program is one way we are reaffirming our

commitment to the thousands of men and women who are serving

throughout the world, as well as their family members at home.”

All other military veterans will receive the discount on the Memorial Day, Fourth of July

and Veterans Day weekends.

“Lowe’s was founded on the heels of World War II by veterans Jim Lowe and Carl

Buchan and has always been a supporter of the military,” said Larry D. Stone, Lowe’s

president and chief operating officer. “The year-round discount program is one way we

are reaffirming our commitment to the thousands of men and women who are serving

throughout the world, as well as their family members at home.”

The discount is available on in-stock and Special Order purchases up to $5,000.

Excluded from the discount are sales via Lowes.com, previous sales, and purchases of

services or gift cards.

While Lowe’s has had a military discount program in the past during select times of

year, the new policy will allow those who are serving to benefit from the discount

whenever they need it the most.

“What a great way to say thank you,” said Sloan Gibson, president and CEO of the USO.

“We salute Lowe’s for the company’s commitment to helping military personnel and

their families who served and continue to serve our nation.”

The USO was also selected as one of the beneficiaries of the Lowe’s Employee Giving

Campaign in January. This initiative allows Lowe’s employees to donate directly from

their paychecks to support those who are serving our country.

In addition to offering military discounts at specific times during the year, Lowe’s has

extended benefits for its employees serving in the military and offers employment

opportunities to military personnel after their military service has ended. Currently,

more than 12,000 Lowe’s employees are military veterans or reservists.

About Lowe’s

With fiscal year 2008 sales of $48.2 billion, Lowe’s Companies, Inc. is a FORTUNEÆ 50

company that serves approximately 14 million customers a week at more than 1,700

home improvement stores in North America. Founded in 1946 and based in Mooresville,

N.C., Lowe’s is the second-largest home improvement retailer in the world. For more

information, visit Lowes.com. Follow us on Twitter @Lowes or on Facebook at

www.facebook.com/lowes.

Contacts

Lowe’s Companies, Inc.

Katie Cody, 704-758-4309, Katie.B.Cody@lowes.com or

Julie Yenichek, 704-758-4364, Julie.V.Yenichek@lowes.com

___________________________________________________________________________

FOR IMMEDIATE RELEASE

December 19, 2006

Secretary Nicholson: VA Reaches Out to Veterans and Spouses

“Aid and Attendance” an Under-Used Benefit

WASHINGTON – The Department of Veterans Affairs (VA) is reaching out to inform wartime veterans and surviving spouses of deceased wartime veterans about an under-used, special monthly pension benefit called Aid and Attendance.

“Veterans have earned this benefit by their service to our nation,” said Secretary of Veterans Affairs Jim Nicholson. “We want to ensure that every veteran or surviving spouse who qualifies has the chance to apply.”

Although this is not a new program, not everyone is aware of his or her potential eligibility. The Aid and Attendance pension benefit may be available to wartime veterans and surviving spouses who have in-home care or who live in nursing-homes or assisted-living facilities.

Many elderly veterans and surviving spouses whose incomes are above the congressionally mandated legal limit for a VA pension may still be eligible for the special monthly Aid and Attendance benefit if they have large medical expenses, including nursing home expenses, for which they do not receive reimbursement.

To qualify, claimants must be incapable of self support and in need of regular personal assistance.

The basic criteria for the Aid and Attendance benefit include the inability to feed oneself, to dress and undress without assistance, or to take care of one’s own bodily needs. People who are bedridden or need help to adjust special prosthetic or orthopedic devices may also be eligible, as well as those who have a physical or mental injury or illness that requires regular assistance to protect them from hazards or dangers in their daily environment.

Aid and Attendance – 2/2/2/2

 

For a wartime veteran or surviving spouse to qualify for this special monthly pension, the veteran must have served at least 90 days of active military service, one day of which was during a period of war, and be discharged under conditions other than dishonorable.

Wartime veterans who entered active duty on or after September 8, 1980, (October 16, 1981, for officers) must have completed at least 24 continuous months of military service or the period for which they were ordered to active duty.

If all requirements are met, VA determines eligibility for the Aid and Attendance benefit by adjusting for un-reimbursed medical expenses from the veteran’s or surviving spouse’s total household income. If the remaining income amount falls below the annual income threshold for the Aid and Attendance benefit, VA pays the difference between the claimant’s household income and the Aid and Attendance threshold.

The Aid and Attendance income threshold for a veteran without dependents is now $18,234 annually. The threshold increases to $21,615 if a veteran has one dependent, and by $1,866 for each additional dependent. The annual Aid and Attendance threshold for a surviving spouse alone is $11,715. This threshold increases to $13,976 if there is one dependent child, and by $1,866 for each additional child.

Additional information and assistance in applying for the Aid and Attendance benefit may be obtained by calling 1-800-827-1000. Applications may be submitted on-line at http://vabenefits.vba.va.gov/vonapp/main.asp. Information is also available on the Internet at www.va.gov or from any local veterans service organization.

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Last modified: 07/23/10