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Monday, November 18, 2013

COLA OF 2013: Congress Passes Veterans' Cost-of-Living Increase



On November 12, 2013, the U.S. House of Representatives voted and passed Senate bill S. 893, the Veterans' Compensation Cost-of-Living Adjustment Act of 2013, which has now been sent to the President for his signature. This measure will increase veterans' disability compensation, survivor benefits and clothing allowances by the same percentage as Social Security benefit increases scheduled to take effect on December 1, 2013. 

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