Va Cola Increase 2024. The cola increase for va disability 2024 is 3.2%. 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).

The 2024 cola increase will increase the amount of monthly compensation veterans receive for a disability rating. 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.