Va Cola Raise 2024 Announcement. The va disability rate for 2024 is anticipated to increase by 3.2% thanks to the recent veterans compensation cost of living adjustment (cola) act of 2023. The 2024 cola increase will increase the amount of monthly compensation veterans receive for a disability rating.

The va disability rate for 2024 is anticipated to increase by 3.2% thanks to the recent veterans compensation cost of living adjustment (cola) act of 2023. The senator’s veterans’ cola act will increase certain va benefits including disability compensation, clothing allowances, and dependency and indemnity.