The latest cost of living adjustment (cola) for va disability benefits took effect on december 1, 2023. The cola adjustment for social security is based on overall inflation.
The 2023 cola was the highest in more than four decades and pushed the average social security check up by about $146 a month. Military retirees and disabled veterans will see their monthly checks increase by 3.2% for 2024, thanks to the annual cost of living adjustment (cola) due to inflation.
2024 Va Disability Pay Charts Are Effective December 1, 2023, Payable Starting January 1, 2024, And Will Increase By 3.2% Based On The New Social Security.
In 2024, rates increased 3.2% to help veterans and their families access vital necessities.
Beginning In 2024, The Cola.
This 3.2% increase became the cola for 2024, which took effect in january 2024.
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The 2023 Cola Was The Highest In More Than Four Decades And Pushed The Average Social Security Check Up By About $146 A Month.
In 2024, rates increased 3.2% to help veterans and their families access vital necessities.
Veterans With A Current Disability Rating Of 10% Or Higher Will Receive This 3.2% Raise In Their Disability Pay Rate For The Entire Calendar Year Of 2024.
2024 va disability pay charts are effective december 1, 2023, payable starting january 1, 2024, and will increase by 3.2% based on the new social security.