Va Rates 2024 Increase Or Decrease. While the official rates of disability compensation will be released on december 1, we can estimate the increase based on cost of living adjustment (cola). Every year, the va benefits are increased or decreased on the basis of rates of inflation and cost of.
Each year, the cola increase approved by the department of veterans affairs is the same as the amount approved for social. This adjustment aims to keep pace with inflation and ensure that veterans’ benefits remain sufficient to cover their living expenses.