S 408
Veterans' Disability Compensation Automatic COLA Act of 2019
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- Passed House
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- Became Law
Bill overview
This bill automatically adjusts veterans’ disability compensation and survivor benefits to match the cost-of-living increases made to Social Security benefits. Specifically, it links the annual Cost-of-Living Adjustment (COLA) for veterans to the COLA applied to Social Security benefits, ensuring that veterans’ payments keep pace with inflation. This change applies to various types of compensation, including disability compensation, additional compensation for dependents, clothing allowances, and dependency and indemnity compensation.
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