On November 2, 2017, President Trump signed Public Law 115-75, which provides a cost-of-living adjustment (COLA) increase of 2 percent, effective December 1, 2017, for veterans disability compensation and dependency and indemnity compensation (DIC) for survivors and certain other benefits. This increase matches the COLA provided to Social Security recipients.
This COLA benefits injured and ill veterans, their families and survivors by helping to maintain the value of VA benefits against inflation. Without annual COLAs, many disabled veterans, who sacrificed their own health and family life for the good of our nation, may not be able to maintain the quality of life they deserve.