  The American Veteran's On-Line News Magazine Click here to make VA Watchdog dot Org your homepage VA NEWS FLASH from Larry Scott at VA Watchdog dot Org -- 10-17-2008 |
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The American Veteran's On-Line News Magazine Click here to make VA Watchdog dot Org your homepage VA NEWS FLASH from Larry Scott at VA Watchdog dot Org -- 10-17-2008 |
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the largest COLA increase for veterans since 1982.
Below is a press release from Sen. Daniel Akaka (D-HI), Chairman of the Senate Committee on Veterans' Affairs. Press release here... Press release below:
------------------------- VETERANS’ COMPENSATION COST-OF-LIVING-INCREASE ANNOUNCED 5.8 percent increase effective December 1st
WASHINGTON, D.C. - Effective December 1, 2008,
veterans' disability
 compensation,
among other benefits, will be increased by 5.8 percent, to respond to
the increasingly high cost-of-living in the United States.
This increase was secured by an Act of Congress, authored by U.S. Senator Daniel K. Akaka (D-HI), Chairman of the Veterans' Affairs Committee. The exact percentage increase of 5.8 percent was determined by the Bureau of Labor Statistics, corresponding with the increase in the Consumer Price Index (CPI). The Social Security Administration reports that this year's CPI increase is the largest since 1982. Last year's increase was 2.3 percent. ------------------------- -------------------------
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