MEDAL Act of 2024

This bill increases monthly pensions for living Medal of Honor recipients and their surviving spouses under existing law. It raises the monthly pension for living recipients from $1,406.73 to $8,333.33, and sets a new monthly rate of $1,489.73 for surviving spouses (adjusting annually as required). The changes directly affect current living Medal of Honor recipients and the spouses of deceased recipients. The bill amends Section 1562(a) of Title 38, United States Code, to implement these specific monetary increases.