Cost of Living Adjustment for Service-Connected VA Benefits

On February 15, the VA published a COLA adjustment notice in the Federal Register. The VA is required to notify Veterans of COLA adjustments by the Veterans’ Compensation Cost-of-Living Adjustment Act of 2017, P.L. 115–75. The law requires an increase in rates when the Social Security Administration increases benefit amounts payable under title II of the Social Security Act. The Social Security Administration announced a two-percent cost-of-living increase in benefits for 2018. The following rates for VA’s compensation program became effective on December 1, 2017:

Disability Percentage: Monthly Disability Compensation

10 …………………………………… $136.24

20 …………………………………… 269.30

30 …………………………………… 417.15

40 …………………………………… 600.90

50 …………………………………… 855.41

60 …………………………………… 1,083.52

70 …………………………………… 1,365.48

80 …………………………………… 1,587.25

90 …………………………………… 1,783.68

100 …………………………………. 2,973.86

(38 U.S.C. 1114(k) through

(t)):

38 U.S.C. 1114(k) …………. 105.61

38 U.S.C. 1114(l) ………….. 3,700.43

Disability evaluation percent Monthly rate

38 U.S.C. 1114(m) ………… 4,083.79

38 U.S.C. 1114(n) …………. 4,645.60

38 U.S.C. 1114(o) …………. 5,192.65

38 U.S.C. 1114(p) …………. 5,192.65

38 U.S.C. 1114(r) ………….. 2,227.23;

3,318.14

38 U.S.C. 1114(s) …………. 3,328.70

38 U.S.C. 1114(t) ………….. 3,318.14

Additional Compensation for Dependents

[38 U.S.C. 1115(1)]

38 U.S.C. 1115(1):

38 U.S.C. 1115(1)(A) …….. $165.81

38 U.S.C. 1115(1)(B) …….. 287.24; 82.38

38 U.S.C. 1115(1)(C) …….. 110.89; 82.38

38 U.S.C. 1115(1)(D) …….. 133.06

38 U.S.C. 1115(1)(E) …….. 317.87

38 U.S.C. 1115(1)(F) …….. 266.13

Clothing Allowance

[38 U.S.C. 1162] ……………$795.21 per year.

At WSM Law, we also serve service disabled Veterans seeking to obtain or increase VA disability benefits through our partner practice, the Rocky Mountain Disability Law Group, https://rmdlg.com/.

To read the entire notice go to: https://www.gpo.gov/fdsys/pkg/FR-2018-02-15/pdf/2018-03154.pdf.

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