Va Disability 2024 Cola Projection

Va Disability 2024 Cola Projection. The latest cost of living adjustment (cola) for va disability benefits took effect on december 1, 2023.  — 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.

 — the 2024 cola increase will increase the amount of monthly compensation veterans receive for a disability rating. Due to high inflation caused by the pandemic, the cost of living adjustment (cola) increased by 3.2%.