Although the General Pension Laws passed after the Civil War would have provided benefits coverage for veterans of the twentieth century (as it had for veterans of the Spanish-American war, Boxer Rebellion and other engagements) members of Congress envisioned a post-World War period of readjustment unlike ever before that would require additional services to help injured veterans reintegrate back into their communities. Reintegration programs like vocational rehabilitation to help wounded troops adapt and find work paved the way for later growth, including the 1944 Servicemen’s Readjustment Act, known simply as “The GI Bill of Rights.” This groundbreaking law, written for the benefit of WWII Veterans, established the framework for subsequent legislation to benefit veterans of the Korean and Vietnam Wars, respectively.
**The War Risk Insurance Act was originally enacted in 1914 as a way to provide insurance for American commerce lost to the war. The amendments passed in 1917 greatly expanded the role and budget of the War Risk Insurance Bureau.
Following the 1929 Wall Street crash, a great economic depression set in across America. Veterans who were given Adjusted Service Certificates in 1925 were not able to reimburse them until 1945. As a result, the former military men organized to march on Washington, where they surrounded the U.S. Capitol until they were firebombed under the orders of the Hoover Administration. Ultimately, the marchers left and under an Act of 1936 were awarded their service pensions right away.
1944—June 27 (58 Stat. 387) An Act To give honorably discharged veterans, their widows, and the wives of disabled veterans, who themselves are not qualified, preference in employment where Federal funds are disbursed.