Veterans' Disability Compensation and Survivors' Benefits Act of 1978

[AI summary unavailable — showing source text] Veterans' Disability Compensation and Survivor Benefits Act - Title I: Veterans' Disability Compensation Rates - Increases the rates of disability compensation for disabled veterans. Title II: Survivors' Dependency and Indemnity Compensation Rates - Increases the rates of dependency and indemnity compensation for the survivors of disabled veterans. Provides for an additional increase in dependency and indemnity compensation to a surviving spouse who is permanently housebound but ineligible for aid and attendance allowance. Provides for retroactive dependency and indemnification compensation to children whose entitlement is established after such compensation has already been awarded to a veteran's other children. Reduces supplemental dependency and indemnity compensation for certain 18-year-old children considered below such age for purposes of additional dependency and indemnity compensation to a surviving spouse. Title III: Miscellaneous Provisions and Effective Date - Provides for retroactive tax exemption of retirement compensation paid to specified veterans who are also eligible for veterans' pensions upon filing of a waiver of such retirement compensation. Provides for retroa…