While Congress is considering bills to authorize a cost-of-living adjustment (COLA) in 2016 governing veterans’ disability compensation, pension and other payments, the Social Security Administration has already announced that no COLA will be made available through its offices in 2016.
Therefore, if Congress passes veterans’ bills authorizing COLA increases next year, there will not be any increase in the rates for VA disability compensation and other benefit payments. DAV leaders are warning that this lapse is unfair to America’s disabled veterans.
“In recent years, it has become apparent that even the several recent COLA increases failed to meet rising costs faced by disabled veterans, their dependents and survivors,” said Garry Augustine, DAV Washington Headquarters Executive Director.
“These individuals are not ‘traditional’ consumers of goods and services on the U.S. economy – they are significantly older and suffer disabilities at higher rates than average citizens across the age range of residents of this country.”
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