Annual Cost-of-Living Increase Proposal

U.S. Senator Daniel K. Akaka introduced legislation to increase veterans' compensation through a cost-of-living adjustment (COLA). The bill is cosponsored by Ranking Minority Member Senator Richard Burr (R-NC) and all the other members of the Veterans' Affairs Committee. The Veterans' Compensation Cost-of-Living Adjustment Act of 2009 directs the Secretary of Veterans Affairs to increase, as of Dec. 1, 2009 , the rates of (1) veterans' disability compensation, (2) dependency and indemnity compensation for surviving spouses and children, and (3) additional related benefits. The COLA increase for veterans would match the annual increase provided to Social Security recipients. To learn more, read the full article on Military.com.

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