The VA administers a broad scope of benefits available to veterans, including disability benefits, health care, benefits for family members and survivors, pension benefits, burial and memorial benefits, education benefits, vocational/retraining benefits, home loan guaranty, and life insurance. This article will deal only with disability compensation benefits. The VA administers two categories of disability benefits:…
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Due to nationwide inflation, VA compensation rates will dramatically increase in 2023. The final VA disability COLA will be determined by the average of the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) for the 3rd quarter (July, August, and September 2022). According to the U.S. Bureau of Labor Statistics (BLS), “The…
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