Veterans Pay Raise 2024 Update. 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. Va disability rates 2024 will increase by 3.2% starting january 2024 as announced by the social security administration.
These updated rates take effect on december 1, 2024,. 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.