COLA rumors cleared up

COLA rumors cleared up
U.S. Air Force photo

E-mails are circulating and rumors are going around through the veterans community that the president currently has legislation on his desk that will provide significant increases to benefits for disabled veterans. The e-mail and rumors refer to the annual cost-of-living, or COLA, increases to veterans disability payments. Like many rumors, they contain a mix of factual and incorrect information.

On Sept. 23, H.R. 4667, The Veterans’ Compensation Cost-of-Living Adjustment Act of 2010, was presented to President Obama for signature. This happens every year, and the text of the legislation is always approximately the same: the rate increase is tied, as is the case with the Social Security COLA, to the CPI or Consumer Price Index.

The current CPI is tracking at an approximate 1.1 percent increase over this time last year. That figure is through August. The figures through September will not be released until October 15 and can be found here. The determination of the amount of increase, if any, is usually not announced until late November or early December.

The rumors and e-mails allude to lists of much greater increases. These amounts are false and should not be taken to be actual amounts in any way, shape or form. If present trends in the CPI continue, any increases are likely to be modest, if at all.

These rumors further prey on veteran dissatisfaction with last year, which was the first year since 1975 that there was no COLA increase to disability benefits. This increase, or lack thereof, is not tied to either VA or to the law passed by Congress, but to the determination of the CPI.

Veterans should know that any increases to disability payments will be announced on the The American Legion Web site, as well as on VA’s own Web site, and that they should check those sources if they hear of any rate increases and wish to know if they are correct.

More in Veterans Benefits Center

 

thedeanofmen

October 11, 2010 - 4:56am

Well I guess the word c-r-a-p is on the to be censored list cause the legion "bleeped" it twice. Wonder if I could get their heads to explode if I used the real words. How lame is it to censor any words; I thought that was one of the reasons we served in the military. Is the legion going commie?

thedeanofmen

October 11, 2010 - 4:46am

The buffoon has been in office nearly 2 years now. How can our countries problems be blamed on someone else? Obviously you liberal wieners can not take responsibility for anything you do. Dude better hang on to his gun cause he's gonna need it, because we may need to take America back from the dictator and a government who has basically tossed out the Constitution.

thedeanofmen

October 11, 2010 - 4:28am

Why is it that when anyone who doesn't like or agree with everything Obama does is called a racist?! Is that all the better you can do is call people names because you do not have a valid argument to the other point of view? Like it or not Obama has bankrupted this country and we are in deep crap because of him, Pelosi & Reid. The only way to pay for all the crap they want is to print more money. Ask the Germans where that got them back around WW1. This administration makes Bush look like a tight wad! Just because someone does not agree with Obama does not make them racist.

Larestes

October 6, 2010 - 7:54pm

I AM NOT A RACIST AS YOU ARE QUICK TO POINT OUT... I AM A CHRISTIAN AND BELIEVE WHAT IS IN THE BIBLE... AND OBAMA DOES NOT AS HE BELIEVES IN HOMOSEXUALITY ABORTION AND HAS TOLD MANY LIES..... NUTS ARE NUTS SO JUDGE YOURSELF BEFORE OTHERS....... BUT I WOULD GUESS THAT YOU HAVE NEVER BEEN IN COMBAT... WHY....??? BECAUSE YOUR COMMENTS ARE HARSH WHEN YOU DO NOT EVEN KNOW THE PERSON YOU RESPOND TO...... I DONT KNOW YOUR RACE, BUT YOU ARE PROBABLY THE RACIST..

jimc

October 1, 2010 - 11:36pm

I don't know why so many ex military people are so dumb and or ignorant. Cola for Social Security, VA Disability and military retired pay is determnined by the % increase in inflation. Our financial system was raped by your Republican buddies- there was little or no inflation- so no Cola. It has nothing to do with President Obama. Dumbya and cheney screwed us out of a cola last year and this year.

jimc

October 1, 2010 - 11:32pm

You're not an independent voter- you're a racist. And you can stick your gun where the sun don't shine loser.

Larestes

October 1, 2010 - 2:52pm

I am an INDEPENDENT VOTER...IN OTHER WORDS, I DO NOT VOTE FOR ANYONE 'JUST BECAUSE' THEY ARE A DEMOCRAT OR REPUBLICAN BUT ON THE PERSONS EXPERIENCE... THAT IS WHY I CANNOT UNDERSTAND FOR THE LIFE OF ME WHY ANY MILITARY PERSONELL OR THEIR FAMILIES WOULD HAVE VOTED FOR OBAMA INSTEAD OF AN EXPERIENCED POLITICIAN AND MILITARY HERO... NOW WE HAVE SOMEONE, THAT IF HE HAS HIS WAY THE MILITARY NOR VETERANS WILL NEVER BENEFIT.. LOOK HOW MUCH HE HAS IGNORED THE MILITARY ALREADY.....OH SURE HE DOES THEM LIKE HE DOES HIS SO CALLED CHRISTIAN CHURCH..RARE VISITS...... DO YOU SUPPOSE THE MILITARY THATS VOTES FOR HIM AND HIS ADMIN WILL SIDE WITH HIM WHEN THEY TRY TO TAKE AWAY OUR GUN RIGHTS.....AND FIGHT ON 'HIS SIDE' DURING THE PROBABLE REVOLUTION AS THE AMERICANS DID WHEN THE BRITISH TRIED TO TAKE AWAY THEIR GUN FREEDOMS... COLAS, SMOLAS, MILITARY SHOULD WAKE UP..........

VNVets

September 30, 2010 - 7:11pm

Law should be changed to provide for a minimum of .5% increase.

ddc4mil

September 30, 2010 - 3:49pm

I thought that the cola had been curtailed for 2010 and 20ll for Va benefits,military retirement, and social security? So why the rumor? No one is getting any increase this year or next. Is that correct?

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