Va Cost Of Living Increase 2024 News Update. Military retirees and disabled veterans will receive 2.5% increases to their monthly paychecks for 2025, thanks to the annual cost of living adjustment, or cola, tied to inflation. This change is due to the government adjusting benefits for inflation, which has affected costs for housing, groceries, medical care, and more.
Veterans and beneficiaries who receive va compensation benefits will see an 8.7% increase in their monthly payments—the largest increase in over 30 years. If you’re receiving disability benefits, you’ll receive higher monthly payments.