{"id":73014,"date":"2023-05-24T12:55:00","date_gmt":"2023-05-24T12:55:00","guid":{"rendered":"https:\/\/one.sightlinemg.com\/airforcetimes\/uncategorized\/2023\/05\/24\/vets-will-see-a-cost-of-living-boost-in-benefit-checks-next-year\/"},"modified":"2026-08-08T15:04:24","modified_gmt":"2026-08-08T15:04:24","slug":"vets-will-see-a-cost-of-living-boost-in-benefit-checks-next-year","status":"publish","type":"post","link":"https:\/\/one.sightlinemg.com\/airforcetimes\/veterans\/2023\/05\/24\/vets-will-see-a-cost-of-living-boost-in-benefit-checks-next-year\/","title":{"rendered":"Vets will see a cost-of-living boost in benefit checks next year"},"content":{"rendered":"\n

House lawmakers this week finalized plans to guarantee a cost-of-living boost<\/a> in veterans benefits<\/a> next year, sending legislation to the White House to be signed into law in coming days.<\/p>\n\n\n\n

The move guarantees that veterans\u2019 support payments will keep pace with increases in Social Security<\/a> checks and other federal stipends. It\u2019s a non-controversial annual procedure for Congress, but one that needs to be finished before the end of the year to ensure that veterans benefits keep pace with inflation costs.<\/p>\n\n\n\n

Despite ongoing partisan fights on Capitol Hill over federal spending, the Veterans\u2019 Compensation Cost-of-Living Adjustment Act was adopted by both chambers without any opposition.<\/p>\n\n\n\n

The legislation promises that VA benefits \u2014 including disability compensation, clothing allowances, and survivors\u2019 support \u2014 will see a cost-of-living hike in 2024 equal to that of Social Security payouts. The Social Security hikes are automatic each year, set under federal law. But Congress must re-approve the veterans hikes each year.<\/p>\n\n\n\t