Veterans receiving service-connected compensation for 2011 may have noticed that their checks remained the same after the New Year. For the second straight year, veterans' cost-of-living allowances, or COLA, will not increase. To read VA's official announcement, Click Here.
By law, COLA increased are tied to increased in Social Security, which can only increase when the consumer price index increases. In 2009, the consumer price index dropped so lawmakers decided to keep Social Security rates at the same level.
Earlier this year a malicious hoax surfaced purporting that COLA rates would nearly double, which AMVETS quickly rebuked.
American Veteran received multiple inquiries into the actual rates for 2011, which were not publicized until late last week, confirming fears that the rate would once again remain the same.
AMVETS leaders consistently advocate for increases in benefits for service-connected disabled veterans tied to the consumer price index. However, down the road AMVETS leaders may push for consistent increases, particularly during difficult economic times.