Veterans' Compensation Cost-of-Living Adjustment Act of 2006
Last action on Jun 28, 2006Received in the Senate and Read twice and referred to the...
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Summary
This bill requires the Department of Veterans Affairs to increase the monthly payment rates for veterans’ disability compensation and survivor benefits. These increases are designed to match the cost-of-living adjustment (COLA) provided to Social Security recipients, ensuring that veterans' benefits keep pace with inflation. The adjustment applies to disability pay, clothing allowances, and dependency and indemnity compensation for surviving spouses and children.
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