Va Compensation 2024 Increase. In 2024, disabled veterans and military retirees will receive a 3.2% increase in their monthly compensation benefits from the department of veterans affairs (va). If you are wondering how much your disability pay will increase in 2024, you can calculate it based on the cola estimate, which points towards a 3.1% increase.

Starting in january, veterans will see a 3.2% increase in their monthly va benefits for 2024. The latest cost of living adjustment (cola) for va disability benefits took effect on december 1, 2023.