Will Veterans Get A Raise In 2024. Veterans diagnosed with a health condition caused by military service may qualify for monthly disability payments through the va. Military retirees and disabled veterans will receive 2.5% increases to their monthly paychecks for 2025, thanks to the annual cost of living adjustment, or cola, tied to inflation.
Last year , we reported the largest increase in va disability rates in 40 years at 8.7%. 2024 va disability pay charts are effective december 1, 2023, payable starting january 1, 2024, and will increase by 3.2% based on the new social security administration’s 2024 cola increase.