Va Compensation Rate Increase 2024. 2024 va disability rates, which are effective december 1, 2023 (payable january 1, 2024), are estimated to increase by 2.7% (original post) now (9/13/23) updated to 3.2% based on the latest cost. Veterans with a 100 percent disability rating and no dependents will see an extra.
The 2024 cola increase will increase the amount of monthly compensation veterans receive for a disability rating. The va’s updated projections indicated a need of approximately $15 billion above what was originally requested, including an additional $3 billion for the remainder.
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