Veterans and Beneficiaries Receive 2012 Cost of Living Adjustment
WASHINGTON – Veterans, their families, and survivors receiving benefits from the Department of Veterans Affairs saw a 3.6 percent increase in their compensation and pension benefits beginning January 1.
“Veterans, their families and their survivors are entitled to benefits that keep pace with the cost of living,” said Secretary of Veterans Affairs Eric K. Shinseki. “VA is also using the latest technology to provide Veterans and their families with access to current information about their benefits.”
The new compensation rates will range from $127 monthly for a disability rated at 10 percent to $2,769 monthly for 100 percent. The cost of living adjustments (COLAs) also apply to disability and death pension recipients, survivors receiving Dependency and Indemnity Compensation, disabled Veterans receiving automobile and clothing allowances, and other benefits. The full rates are available on the Internet at www.vba.va.gov/bln/21/Rates/#BM01.