2024 Cost Of Living Increase For Veterans. The latest cost of living adjustment (cola) for va disability benefits took effect on december 1, 2023. The senator’s veterans’ cola act will increase certain va benefits including disability compensation, clothing allowances, and dependency and indemnity compensation.
The va has announced a 5.9% increase in disability compensation and pension benefits, effective august 1, 2024. Veterans with a 100 percent disability rating and no.