2024 Cola Increase For Va Employees. To receive the full cola for 2024, a federal retiree’s annuity or a survivor annuity must have started no later than december 31, 2022. No action has been taken on the 2024 raise for federal employees.

Each year, the cola increase approved by the department of veterans affairs is the same as the amount approved for social security disability recipients. Starting in january, veterans will see a 3.2% increase in their monthly va benefits for 2024.