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Veterans Benefits
2022 VA Disability and Pension Rates
Cost of Living Adjustment in 2022
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Disabled veterans and their survivors will see a 5.9% cost of living adjustment (COLA) in their VA disability compensation rates in 2022. This is one of the largest increases in more than a decade, and it’s on top of a similar increase in Social Security benefits. To put this in perspective, a 50% disabled veteran with a spouse and one child who currently receives $1099.83 per month will receive an additional $64.89 per month. The last significant pay raise for VA disability took place in 2008 with a 5.8% COLA increase. The increase, approved unanimously by Congress in October, took effect December 1st. Most veterans will see the increase on their January 1st paycheck.
Each year, the Veterans Administration recommends cost of living adjustments to ensure inflation does not erode disabled veterans’ purchasing power. Throughout the years, VA disability rates have stayed the same or increased based on the COLA set by the Social Security Administration.
The increase is meant to help the benefits keep pace with the rising costs of energy, rent and groceries. The COLA adjustment will help veterans, their dependents and surviving spouses pay for everyday necessities, bills and other qualified items. For more information about veterans benefits and a free counseling session, call Volusia County's Veterans Services Division at 386-740-5102.
Resources: 2022 VA Disability Rates | Military Benefits 2022 Veterans Disability Compensation Rates | Veterans Affairs (va.gov)
Raymond Allen Jr., U.S. Army SFC (RET.) Volusia County Veterans Services 123 West Indiana Avenue DeLand, Florida 32720 Phone: 386-740-5102 Fax: 386-740-5101