Veterans to Receive 1.5 Percent Cost-of-Living Increase

By /

Veterans, their families and survivors receiving disability compensation and pension benefits from the Department of Veterans Affairs will receive a 1.5 percent cost-of-living increase in their monthly payments beginning Jan. 1. That’s good news for Hawaii, which has a sizable vet population.

“We’re pleased there will be another cost-of-living increase for Veterans, their families and their survivors,” said Secretary of Veterans Affairs (and Kauai boy) Eric K. Shinseki, in a press release. “The increase expresses in a tangible way our Nation’s gratitude for the sacrifices made by our service-disabled and wartime Veterans.”

For the first time, the VA says, payments will not be rounded down to the nearest dollar. For veterans without dependents, the new compensation rates will range from $130 monthly for a disability rated at 10 percent to $2,858 monthly for 100 percent. The full rates are available here.

image

Photo: Gen. Eric Shinseki. (Secretary of Defense)

—Chad Blair

What it means to support Civil Beat.

Supporting Civil Beat means you’re investing in a newsroom that can devote months to investigate corruption. It means we can cover vulnerable, overlooked communities because those stories matter. And, it means we serve you. And only you.

Donate today and help sustain the kind of journalism Hawaiʻi cannot afford to lose.

Donate

About the Author