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Start Preamble
AGENCY:
Department of Veterans Affairs.
ACTION:
Notice.
SUMMARY:
As required by the Veterans' Compensation Cost-of-Living Adjustment Act of 2023, the Department of Veterans Affairs (VA) is hereby giving notice of adjustments in certain benefit rates. These adjustments affect the compensation program.
DATES:
These adjustments became effective on December 1, 2023.
Start Further InfoFOR FURTHER INFORMATION CONTACT:
Claire Starke, Policy Staff (211B), Compensation Service, Department of Veterans Affairs, 810 Vermont Avenue NW, Washington, DC 20420, 202–461–9700. (This is not a toll-free telephone number.)
End Further Info End Preamble Start Supplemental InformationSUPPLEMENTARY INFORMATION:
Section 2 of Public Law 118–6 provides for an Start Printed Page 987 increase in each of the rates in sections 1114, 1115(1), and 1162 of title 38, United States Code. VA is required to increase these benefit rates by the same percentage as increases in the benefit amounts payable under title II of the Social Security Act. The increased rates are required to be published in the Federal Register .
The Social Security Administration has announced that there will be a 3.2% cost-of-living increase in Social Security benefits for 2024. Therefore, applying the same percentage, the following rates for VA's compensation program became effective on December 1, 2023:
Monthly rate Disability Compensation [38 U.S.C. 1114] Disability evaluation percentage: 10 $171.23 20 338.49 30 524.31 40 755.28 50 1,075.16 60 1,361.88 70 1,716.28 80 1,995.01 90 2,241.91 100 3,737.85 38 U.S.C. 1114(k) through (t)): 38 U.S.C. 1114(k) 132.74 38 U.S.C. 1114(l) 4,651.06 38 U.S.C. 1114(m) 5,132.92 38 U.S.C. 1114(n) 5,839.08 38 U.S.C. 1114(o) 6,526.64 38 U.S.C. 1114(p) 6,526.64 38 U.S.C. 1114(r) 2,799.43; 4,170.59 38 U.S.C. 1114(s) 4,183.85 38 U.S.C. 1114(t) 4,170.59 Additional Compensation for Dependents [38 U.S.C. 1115(1)] 38 U.S.C. 1115(1)(A) 208.40 38 U.S.C. 1115(1)(B) 361.02; 103.55 38 U.S.C. 1115(1)(C) 139.37; 103.55 38 U.S.C. 1115(1)(D) 167.26 38 U.S.C. 1115(1)(E) 399.54 38 U.S.C. 1115(1)(F) 334.49 Clothing Allowance [38 U.S.C. 1162] $999.51 per year. Signing Authority
Denis McDonough, Secretary of Veterans Affairs, approved and signed this document on January 2, 2024, and authorized the undersigned to sign and submit the document to the Office of the Federal Register for publication electronically as an official document of the Department of Veterans Affairs.
Start SignatureLuvenia Potts,
Regulation Development Coordinator, Office of Regulation Policy & Management, Office of the Secretary, Department of Veterans Affairs.
[FR Doc. 2024–00160 Filed 1–5–24; 8:45 am]
BILLING CODE 8320–01–P
Document Information
- Effective Date:
- 12/1/2023
- Published:
- 01/08/2024
- Department:
- Veterans Affairs Department
- Entry Type:
- Notice
- Action:
- Notice.
- Document Number:
- 2024-00160
- Dates:
- These adjustments became effective on December 1, 2023.
- Pages:
- 986-987 (2 pages)
- PDF File:
- 2024-00160.pdf