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Veterans News
Veterans and/or dependents who receive VA Pension benefits must show the 15% Social Security increase on their 1970-1971 income cards. On April 1, 1968, Public Law 90-275 provided a change in VA Pension Laws. This amendment stated that it was not necessary to report certain income increases prior to the end of the year. This is known as the “end-of-the-year” rule, and means that a Pensioner’s benefits will not be affected during the calendar year that certain increased income-, is received. The VA policy is that any increased income, received during a calendar year, will not affect a Pensioner’s benefits, providing the increase was unexpected. The interpretation of whether income is expected or unexpected income is a decision for the VA. The recently received Social Security increase was considered unexpected income, and it was not necessary to report it prior to the end of the year.
All income increases are not unexpected, therefore, it would be to the Pensioner’s advantage to report all income to the VA during the month that it is received. This rule can prevent an overpayment that is sometimes created by not reporting these
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