18 Jul 2025
💵Cost-of-Living Adjustments for Veterans' Benefits Impacting Businesses
Cost of Living Adjustments for Service-Connected Benefits
Summary
As required by the Veterans' Compensation Cost-of-Living Adjustment Act of 2024, Public Law 118-130, the Department of Veterans Affairs (VA) is hereby giving notice of adjustments in certain benefit rates. These adjustments affect the compensation program.
Agencies
- Veterans Affairs Department
Business Impact
$$ - Med
The notice outlines cost-of-living adjustments for disability compensation rates for veterans, which may indirectly affect businesses employing veterans through changes in consumer spending power and potential shifts in workforce demographics. As these adjustments align with Social Security increases, businesses may need to consider adjustments in their financial assistance or employee support programs.