The Social Security Administration (SSA) officiallyconfirmeda 1.3% COLA increase in 2021. For the average retiree that is a $20 raise from 2020 levels ($1,523 p/month). The 1.3% COLA is the smallest since 2017 and slightly below the 1.4% average over the past decade. See the table abo...
The military community is especially impacted each year if COLA rates increase. In particular, it’s vital for those living off theirmilitary retirement plans, veterans living with a disability they suffered during their time serving, or service members receiving monthly allowances for food. Update:...
Reports on the approval of the S 1234 bill that would provide the annual inflation increase for U.S. veterans' benefits and range of benefits issues by the Senate Veterans' Affairs Committee on July 28, 2005. Value of the annual cost-of-living increase for fiscal 2006; Provisions of the ...
What is the VA benefits COLA increase for 2025? Earlier this month, Congress passed anew lawthat ties veterans' benefits to Social Security's cost-of-living increase. Called the Veterans' Compensation Cost-of-Living Adjustment Act of 2024, the law directs the VA to increase veterans' benefits...
Announces that disabled veterans would receive a 5.2 percent cost of living adjustment (COLA) under legislation approved by voice vote July 10 by the House Veterans' Affairs Subcommittee on Compensation, Pension and Insurance. Veterans with service-connected disability; Survivors of such veterans; HR ...