Va 2024 Cola Adjustment. How much is 2024’s cola increase worth? Today is the day that the cost of living adjustment ( cola) for 2024 is announced.
The decision was revealed at 08:30 eastern. If you’re receiving disability benefits, you’ll receive higher monthly payments.
This Means Your Monthly Va Disability Compensation Will Increase By 3.2% In 2024, As Well As Other Cash Benefits.
Va makes a determination about the severity of your disability based on the evidence you submit as part of your claim, or that va obtains from your military records.
Published Mar 06, 2024 At 11:30 Am Est Updated Mar 07, 2024 At 1:18 Pm Est.
The decision was revealed at 08:30 eastern.
Eligible Retirees Will See The Cola Amount In Their August 1 Benefit Payment.
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The Exact Percentage Will Be Announced Around The Beginning Of The Fiscal Year, Oct 1St 2023.
The va disability rate for 2024 is anticipated to increase by 3.2% thanks to the recent veterans compensation cost of living adjustment (cola) act of 2023.