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Veterans' Benefits Increase for Cost of Living Adjustment 2023

This act increases monetary benefits for veterans with service-connected disabilities and for the families of deceased veterans. The increases will take effect on December 1, 2023, and will match the rise in Social Security benefits, helping veterans and their loved ones cope with increasing living costs.
Key points
Increased benefits for veterans with service-connected disabilities starting December 1, 2023.
Increased benefits for surviving spouses and children of deceased veterans starting December 1, 2023.
The increase percentage will match the Social Security cost-of-living adjustment.
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Additional Information
Veterans’ Compensation Cost-of-Living Adjustment Act of 2023
Print number: HR 1529
Sponsor: Rep. Luttrell, Morgan [R-TX-8]
Process start date: 2023-03-10