2023 Veterans Pay Increase: VA Is Projecting a MASSIVE Cost Of Living Increase!

The Social Security Administration (SSA) will release the 2023 Veterans Pay Increase on October 13, 2022, with the implementation of the SSA’s 2023 Cost of Living Adjustment (COLA) increase. The COLA increase for 2023 could be as high as 10.5%. This would mean that Veterans who are receiving disability benefits from the VA would see a HUGE increase in their monthly payments!

00:00 Introduction
1:16 2023 VA disability rates projected by the Department of Veterans Affairs
3:35 How is cost of living adjustment calculated?
6:15 Consumer Price Index vs cost of living

The 2023 COLA increase is based on the Bureau of Labor Statistics’ (BLS) report of inflation data from September of the previous year. So, for the 2023 VA rates, the BLS report from September of 2022 will be used.

This is great news for Veterans who rely on their VA disability benefits to make ends meet. If you are a Veteran who is receiving VA benefits, make sure to stay up-to-date on the latest information regarding the 2023 Veterans pay increase!

✳️Consumer Price Index Summary for June 2022
https://www.bls.gov/news.release/cpi.nr0.htm

?Inflation Insanity: Social Security Cost-of-Living Increase Could Hit 10.5% in 2023
https://nationalinterest.org/blog/politics/%E2%80%8B%E2%80%8Binflation-insanity-social-security-cost-living-increase-could-hit-105-2023-203624

?2022 Veterans disability compensation rates
https://www.va.gov/disability/compensation-rates/veteran-rates/

? If you are looking for a Nexus Letter for Mental Health and all other Medical Conditions, here is the email of one of our partners: medicalexperts@2ndStrata.com (Please Include Your Phone #)

? Sign up for Boot Camp http://www.combatcraig.com

? If you don’t know me already, my name is Combat Craig. I’m a Desert Storm Combat Veteran with a 100% disabled rating and I tell it like it is. Whether it’s on my YouTube channel with 40,000+ followers, on Facebook, or right here in my BOOT CAMP, I’m talking about YOUR VA Rating and YOUR VA Benefits getting the SUPERCHARGED INCREASES you deserve! At whatever point you’re at in the VA Claims process! ?

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✳️ I’m not accredited with the VA or I couldn’t be giving out the info I give you as they’d muzzle me! I make sure to surround myself with the best and very knowledgeable folks. And I’m constantly researching what’s current and relevant with the VA. I encourage you to check on my reputation as a straight shooter within the Veteran community.

? I created a few playlists for you to check out below

? Maximize Your Veterans Benefits: https://www.youtube.com/watch?v=sOdymv4wCJk&list=PLY54MIiG8UeLwagfWOPBfKw64ITZazhMh

? How To File A VA Claim: https://www.youtube.com/watch?v=QxIaNEQPAPA&list=PLY54MIiG8UeI63Fqi7ImojMCIfWgC0Hmj

✅ Easiest VA Disability Claims: https://www.youtube.com/watch?v=xvR5j0mhxh4&list=PLY54MIiG8UeJKfI3-fm1NkLwaXKn5Jwmm

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