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Veterans’ Compensation Cost-of-Living Adjustment Act of 2023

Source: Congress.gov  ·  670 words in original text
This bill increases payment amounts for veterans with service-connected disabilities (illnesses or injuries from military service) and for survivors of certain disabled veterans. The increases take effect on December 1, 2023.
- Veterans receiving disability compensation - Survivors of disabled veterans receiving dependency and indemnity compensation (survivor benefits) - The Secretary of Veterans Affairs (the federal official leading the Veterans Affairs department)
- The Secretary of Veterans Affairs must increase disability compensation payment amounts effective December 1, 2023 (Sec. 2(a)) - The increases apply to wartime disability compensation, additional compensation for dependents, clothing allowances, and dependency and indemnity compensation for surviving spouses and children (Sec. 2(b)) - Each payment amount receives the same percentage increase used for Social Security benefits effective December 1, 2023 (Sec. 2(c)) - The Secretary must publish the new payment amounts in the Federal Register (the official government publication) at a specific time during fiscal year 2024 (Sec. 3)
The dollar amounts veterans and survivors receive in disability and survivor benefits increase by the same percentage as Social Security benefit increases for 2023.
None defined in the bill text.
December 1, 2023.
Important: This plain English summary was generated by AI and is provided for informational purposes only. It is not legal advice. Always consult the official bill text on Congress.gov or a qualified attorney for legal matters.