Understanding the 2025 Cost-of-Living Adjustment for VA Disability Pay
What is the Cost-of-Living Adjustment (COLA)? The Cost-of-Living Adjustment (COLA) is a crucial mechanism employed to ensure that the benefits provided to individuals, particularly those receiving disability compensation, keep pace with rising living costs. As inflation increases, the purchasing power of money declines, prompting the need for periodic adjustments in benefits. COLA serves to safeguard … Read more