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Generally no. If a veteran had a service-connected disability then he would be eligible for monthly payments. If he was killed, there was a $10,000 life insurance policy payable to whatever beneficiary the serviceman designated, or to his next of kin, if he had not designated a beneficiary. Men not killed had the right to make the payments and keep this insurance coverage after they were discharged, if they wished. The veterans also had the right to continuing medical treatment at Veteran's Administration medical facilities.

For the first time in WWII veterans had some help at the time of their discharge, in the form of the "GI Bill of Rights". This legislation provided for educational assistance, which many vets used to obtain a college degree after the war. There was also a right to a one-time VA home loan, without regard to credit ratings, at a favorable interest rate.

If a person stayed in the military for twenty or more years they would be eligible for military retirement payments, PX shopping privileges, and continuing VA medical care.

There is no pension or other form of payments merely for being a WWII vet. The US today has Social Security retirement and disability benefits, plus Medicare and Medicaid. In earlier wars these did not exist and congress usually got around to passing a pension law for the vets and their surviving spouses, but not until they were getting old.

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Q: Can veterans of World War 2 collect benefits just from being in the war?
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