
Veterans to Now Receive a Cost-of-Living Increased Adjustment to Their Benefits in 2024 Based on CPI Data
Upcoming Cost-of-Living Increase to Veterans’ Benefits in 2024 President Joe Biden, on June 14, 2023, authorized the Veterans Compensation Cost-of-Living Adjustment (COLA) Act of 2023. The legislation, receiving cross-party support in the House and Senate, compels the Department of Veterans Affairs to align the cost-of-living adjustment for Veterans benefits in 2024 with the COLA applied…