WASHINGTON, D.C. – U.S. Senator Thom Tillis (R-NC), a member of the Senate Veterans’ Affairs Committee (SVAC), co-sponsored the annual Department of Veterans Affairs (VA) Cost of Living Adjustment (COLA).

This bipartisan legislation would increase certain VA benefits including disability and dependent compensation, clothing allowances, and dependency and indemnity compensation to surviving spouses and children to reflect increases in the cost of living. The cost of living adjustment will be determined by the annual COLA to social security benefits, as determined by the Social Security Administration and would go into effect Dec. 1, 2020. The Social Security Administration bases their annual COLA adjustment on the Consumer Price Index, as determined each December by the Labor Department's Bureau of Labor Statistics.

“As a member of the Veterans Affairs Committee, it is my top priority to ensure the brave men and women who put their lives on the line receive the benefits they deserve,” said Senator Tillis. “We have made great progress under President Trump and Secretary Wilkie and this bipartisan legislation to ensure veterans’ disability benefits keeps up with the cost of living is another step in the right direction.”

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