2024 Cost Of Living Increase Rate. The 3.2% cola increase rounds out to about $59 extra per month in benefits, from an average of $1,848 per month to $1,907, according to the. From 20 september 2024, some veterans and their families will receive an increase to their dva pension and compensation payments in line with increases to the.
Here are the topline findings: Social security benefits and supplemental security income (ssi) payments for more than 71 million americans will increase by 3.2% in 2024.