Filipino veterans who served in WWII have until February 16, 2010, to claim a one-time lump sum payment of $15,000. The payment was authorized in the Recovery and Reinvestment Act of 2009, which was signed into law by President Obama on February 17, 2009.
Filipinos who are US citizens are entitled to the full $15,000 payment, and non-US Filipino WWII veterans can receive $9,000. So far the VA has paid out $105 million and processed more than 11,000 claims for the Filipino World War II Veterans Equity Compensation (FVEC).
Accepting the benefit will not affect any other benefits your are currently receiving.