Bill > HR6027

This bill establishes an annual mechanism for automatically increasing disability compensation and dependency and indemnity compensation rates for veterans and their survivors. Specifically, the bill creates a new section in title 38 of the United States Code that requires the Secretary of Veterans Affairs to increase dollar amounts for various types of veterans' benefits each December 1st. The increase will be calculated using the same percentage as the cost-of-living adjustment (COLA) for Social Security benefits, which is determined based on changes in the cost of living. The bill covers multiple types of compensation, including wartime disability compensation, additional compensation for dependents, clothing allowances, and dependency and indemnity compensation for surviving spouses and children. The Secretary is required to publish these adjusted rates in the Federal Register each fiscal year. This automatic annual adjustment ensures that veterans' benefits keep pace with inflation, providing financial stability for disabled veterans and their families. The provision will take effect 180 days after the bill's enactment, giving the Department of Veterans Affairs time to implement the new process.

Health and Social Services, Military Affairs and Security

https://www.congress.gov/bill/119th-congress/house-bill/6027/all-info