Monday, June 1, 2020

House increases vets’ COLA

Washington, D.C. - June 1, 2020 - (The Ponder News) -- On Thursday, the House passed H.R. 6168, the Veterans’ Cost-of-Living Adjustment Act of 2020 which would increase compensation rates for disability compensation, clothing allowance, and dependency and indemnity compensation benefits. Raising benefits help veterans, their families, and survivors meet the rising cost of goods and services and maintain quality of life. The amount would be the same as the cost-of-living increase for Social Security recipients and take effect December 1, 2020. The bill now heads to the Senate for action.

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