2024 Cola Increase For Va Disabilities

2024 Cola Increase For Va Disabilities. The va has announced a 5.9% increase in disability compensation and pension benefits, effective august 1, 2024. The latest cost of living adjustment (cola) for va disability benefits took effect on december 1, 2023.

The 2024 cola increase will increase the amount of monthly compensation veterans receive for a disability rating. Use our compensation benefits rate tables to find your monthly payment amount.