2024 Cost Of Living Increase For Veterans. The senator’s veterans’ cola act will increase certain va benefits including disability compensation, clothing allowances, and dependency and indemnity compensation (dic) for surviving spouses and children to reflect increases in the cost of living. This increase, in turn, is tied to the consumer price index which changes from year to year.


2024 Cost Of Living Increase For Veterans

Starting in january, veterans will see a 3.2% increase in their monthly va benefits for 2024. The program has a high acceptance rate of 95% with 6,148 applicants.

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