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Trump signs COLA increase of 2.8% for Vets, This matches SS increase.

Discussion in 'Financial Cents' started by HK_User, Oct 12, 2018.


  1. HK_User

    HK_User A Productive Monkey is a Happy Monkey Site Supporter

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    On October 9, 2018, President Trump signed Public Law 115-258, which provides a cost-of-living adjustment (COLA) increase of 2.8 percent, effective December 1, 2018, for veterans disability compensation and dependency and indemnity compensation (DIC) for survivors and certain other benefits.

    VA compensation and DIC benefits are retrospectively paid on the first of each month, for the previous month. This means that the 2.8 COLA increase effective December 1, 2018, will not be included until the January 1, 2019 payment. This increase matches the COLA provided to Social Security recipients.
     
    Last edited: Oct 12, 2018
  2. Zimmy

    Zimmy Wait, I'm not ready! Site Supporter++

    Every little bit helps.
     
  3. SB21

    SB21 Monkey+++

    Yes sir it does,,,
     
    oldawg, Gator 45/70 and HK_User like this.
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