Veterans Administration

VA Benefit Payment Rates Increase

The Cost-of-Living Adjustment (COLA) for VA disability compensation benefits programs became effective on December 1, 2022. The 8.7% COLA increase is for the calendar year 2023. Veterans and beneficiaries receiving VA disability compensation will notice an increase in their monthly payments, starting January 1, 2023. This annual increase impacts disability benefits, clothing allowance, Dependency and

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