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Please Login Saturday, January 25, 2020

COLA Increase

2604, 11 Oct 2019

On September 26, 2019, President Trump signed Public Law 116-58, which provides a cost-of-living adjustment (COLA) increase of 1.6 percent, effective December 1, 2019, for veterans disability compensation and dependency and indemnity compensation (DIC) for survivors and certain other benefits.

VA compensation and DIC benefits are paid on the first of each month, for the previous month. This means that the 1.6 percent COLA increase effective December 1, 2019, will be included in the January 1, 2020 payment. This increase matches the COLA provided to Social Security recipients.

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