2024 Cola Increase Va Disability Pay Chart

2024 Cola Increase Va Disability Pay Chart. Due to high inflation caused by the pandemic, the cost of living adjustment (cola) increased by 3.2%. Final increases to the va disability pay rates in 2024 will be confirmed on december 1, 2023.

Here’s what that means for those receiving veterans disability benefits. The increase is due to rising petroleum prices, rising consumer goods prices, and growing inflation.

We Base Your Monthly Payment Amount On Your Disability Rating And Details About Your Dependent Family Members.

This increase will positively impact veteran benefits, retirement payments, and other government disability payments.

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 Administration’s 2024 Cola Increase.

Learn more about va disability ratings with our va compensation calculator at.