Va Disability 2024 Pay Raise. Here’s what that means for those receiving veterans disability benefits. The va cola increase for 2024 is 3.2%.
Veterans affairs secretary denis mcdonough defended his department’s $15 billion budget shortfall on tuesday, saying the red ink projected this year and next is being driven almost entirely by increased utilization of veterans benefits and health care. These rates are current, and went into effect on december 1, 2023.
The 2024 Va Disability Pay Chart Below Is An Estimate And Will Be Confirmed In December 2023.
The va cola increase for 2024 is 3.2%.
We Base Your Monthly Payment Amount On Your Disability Rating And Details About Your Dependent Family Members.
Here are the basic rates for veterans with a 30% to 100% rating:
Va Disability 2024 Pay Raise Images References :
For A 20% Disability Rate, The Raise Is About $10.56, Moving The Amount From $327.93 In 2023 To $338.49 In 2024.
New va disability pay rates increased in 2024 to account for the social security administration’s (ssa) 3.2% cost of living adjustment (cola).
Here’s What That Means For Those Receiving Veterans Disability Benefits.
The current 2024 va disability pay increase estimate is between 2.5% and 3.5%.