2024 Cost Of Living Increase Veterans Benefits. Veterans will learn on oct. The senators’ bill would increase certain va benefits including disability compensation, clothing allowances, and dependency and indemnity compensation for.

Military retirees and disabled veterans will see their monthly checks increase by 3.2% for 2024, thanks to the annual cost of living adjustment (cola) due to inflation. Starting in january, veterans will see a 3.2% increase in their monthly va benefits for 2024.