Va Benefits Pay Increase 2024

Va Benefits Pay Increase 2024. The official rate increase was announced on october 12, 2023 and was finalized dec 1, 2023. New va disability pay rates increased in 2024 to account for the social security administration’s (ssa) 3.2% cost of living adjustment (cola).


Va Benefits Pay Increase 2024

When va applies the 2024 cola to disability benefits, veterans will see the 3.2 percent increase reflected in their monthly compensation come december. Veterans and beneficiaries who receive va compensation benefits will see an 8.7% increase in their monthly payments—the largest increase in over 30 years.

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