Veterans 2024 Pay Rates In The Us. Review 2024 veterans disability compensation rates. Military retirees and disabled veterans will see their monthly checks increase by 3.2% for 2024, thanks to the annual cost of living adjustment (cola) due to inflation.
This increase is lower than in recent years—5.9 percent in 2022 and 8.7 percent in 2023—but above the average over the past 20 years. More than 377,000 veterans received compensation through the program in 2023,.