Va Benefits Cola Increase 2024. The va has announced a 5.9% increase in disability compensation and pension benefits, effective august 1, 2024. In 2024, rates increased 3.2% to help veterans and their families access vital necessities.
Veterans and beneficiaries who receive va compensation benefits will see an 8.7% increase in their monthly payments—the largest increase in over 30 years. The veterans affairs (va) benefits go.