Cost of Living Increase for Veterans Benefits

A green arrow going up for a 0.3% cost of living increase for veterans benefits.A 0.3% cost of living increase for veterans receiving benefits will be seen going into 2017. This is the third consecutive year that benefit adjustments will be under 0.5%. The only time in the last 7 years the adjustment was more than 2% was in 2011 when they announced a 3.6% increase.

Typically veteran’s benefits are not automatically tied to the Social Security increase. Within the last few decades there has only been one instance where the cost of living increase for veteran’s benefits and Social Security Cost of living increase differed, and the reasoning was due to a rounding difference. This past July however, lawmakers passed legislation linking these benefits for 2017.

Social Security cost of living increase amounts are calculated by the Bureau of Labor Statistics’ periodic Consumer Price Index. This is a statistical estimate of anticipated prices for varying goods or services.

For the full story click here

If you need assistance with a VA benefits claim, we are here to help. Call Veterans Help Group at (855) 855-8992 or complete our free veterans benefits case evaluation form.

More Articles

Federal Court Addresses PTSD Stressors

A recent decision from the U.S. Court of Appeals for the Federal Circuit confirms that VA must apply a generous standard when evaluating the lay testimony of veterans suffering from PTSD concerning their combat experiences and PTSD stressors. Sanchez-Navarro v....

Permanent and Total VA Disability Ratings for PTSD

What is Post Traumatic Stress Disorder (PTSD)? Post-traumatic stress disorder (PTSD) is a mental health condition that develops in some people who have experienced a shocking, scary, or dangerous event. Symptoms of PTSD usually begin within three months of the...

Depression And Your VA Claim

Depression can negatively affect every aspect of your life: how you feel, think, sleep, function, and interact with others. According to the National Alliance on Mental Health Issues, about 14% of veterans suffer from depression. Depression is one of the most common...

Four Tips On How To Get The Highest PTSD Rating

If you have been fortunate enough to have been granted service connection for PTSD, then you have probably been given a disappointingly low rating.  This is a very common situation so you are not alone. The VA regularly underrates PTSD claims.  In the...


  • Hidden
  • Hidden
  • This field is for validation purposes and should be left unchanged.