Veterans Disability Beneficiaries to Receive 1.3% Cost of Living Increase in 2021

Article Title:

Snippet of Article: "...The COLA is calculated using third-quarter results from data reported by the U.S. Bureau of Labor Statistics’ Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W). Typically, a comparison of the current year to the previous year determines if there is an increase. The COLA also is applied to veterans disability compensation and pension benefits, which is managed by the U.S. Department of Veterans Affairs, and to Supplemental Security Income (SSI) benefits ..."

Article Source:www.globenewswire.com

Here's Your 2020 Military Retiree, VA and Social Security Pay Increase Via COLA

Article Title: Here's Your 2020 Military Retiree, VA and Social Security Pay Bump

Snippet of Article: "... Military retirees, those who receive disability or other benefits from the Department of Veterans Affairs, federal retirees and social security recipients will see a 1.6% increase in their monthly checks for 2020. The annual Cost Of Living Allowance (COLA) is smaller..."

Article Source: www.military.com

Change in COLA formula will cause veterans benefit cuts

Article Title: Don’t Cut Benefits for Disabled Veterans

Snippet of Article: "... A change in how annual cost-of-living adjustments are calculated could mean that veterans who started receiving VA disability benefits at age 30 would have their benefits reduced by $1,425 at age 45..."

Article Source: politicalnews.me