Wednesday, September 29, 2010

DAV National: Compensation Rate Increase Hoax

Many DAV members have been contacting National Service Officers across the country regarding rumored legislation that would significantly increase disability compensation.

Please be advised that no legislation has been introduced that would double compensation for 100 percent service-connected disabled veterans or would quadruple compensation for veterans rated 10 percent or significantly increase the other ratings.

H.R. 4667, the Veterans’ Compensation Cost-of-Living Adjustment Act of 2010, was introduced to increase, effective as of December 1, 2010, the rates of compensation for veterans with service-connected disabilities and the rates of dependency and indemnity compensation for the survivors of certain disabled veterans, and for other purposes. The increase is based on the cost-of-living adjustment (COLA), if any, that would be provided to Social Security recipients.

Please advise oher DAV members that the rumored increase is a hoax and that the COLA increase, if any, will be announced as soon as it is known. As always, thank you for your hard work and dedication to America’s service-connected disabled veterans and their families.

Source:  http://www.dav.org/news/NewsArticle.aspx?ID=324

1 comment:

  1. How much is the increase ? We deserve an increase if the congress deserve one so do those who laid it on the line for this country that we love so much.