Little did we know that this year would break the charts with a massive 8.7% increase for 2023!
Effective today, disabled veterans will see an 8.7% increase in their VA disability pay starting in January 2023. This increase will provide tens to hundreds of additional dollars of much-needed benefits.
VA compensation rates are increased every few years to compensate for the cost of living and inflation. This past year has brought the highest COLA increase in 40 years at 8.7%.