2024 Cola Increase For Va Disabilities. In 2024, disabled veterans and military retirees will receive a 3.2% increase in their monthly compensation benefits from the department of veterans affairs (va). The 2024 cola increase will increase the amount of monthly compensation veterans receive for a disability rating.
The social security administration has announced a 3.2% cost of living adjustment (cola) for 2024, which means veterans will receive a 3.2% increase in va disability pay starting from january 2024. Social security and supplemental security income (ssi) benefits for more than 71 million americans will increase 3.2.
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