Chicago, IL (PRWEB) October 24, 2013
Despite initial predictions that the government shutdown would impact the backlog of veteran claims, the number has decreased, according to Veteran Affairs. The Federal Savings Bank, a veteran owned bank, is pleased by this news and is sharing the story with its prospective applicants.
“We always follow news regarding our brave, the fact that the claim backlog still declined despite a government shutdown shows that Washington is dealing with this issue” says Nick, a banker at The Federal Savings Bank.
According to the VA, 411,704 benefit claims that have been standing for 125 days or more were reported the week after the shutdown ended. This figure represents a decline by 10,000 claims since Sept. 28, and the 15th consecutive week where backlog claims have dropped. By comparison, the VA has been able to reduce its backlog by about 31,000 claims per month since it initiated employees to work overtime in March.
"It's great to see that the government shutdown didn't stop VA's backlog progress," Jeff Miller, House Veterans Affair chairman said according to Stripes.com. "If VA's claims processing overtime program, which is now set to resume, is as crucial to success as department leaders claim it is, we expect the backlog to shrink considerably more in the coming weeks."
While the news is contradictory to previous reports, the large number of veterans awaiting benefit claims can be assured the current system and strategy at the VA is working to cut down on the backlog.
Contact the Federal Savings Bank, a veteran owned bank, to explore affordable housing option for eligible veterans.