Today Congressman Brian Higgins (NY-27) joined his colleagues in the House of Representatives in approving H.R.1407/S.894, the Veterans' Compensation Cost-of-Living Adjustment Act of 2011.
“This modest increase is the least we can do for our veterans who make supreme sacrifices to protect our freedom and serve our country,” said Higgins.
The bill increases the amounts paid to veterans for disability compensation and to their survivors for dependency and indemnity compensation by 3.6%, the same cost-of-living adjustment payable to Social Security recipients.
Generally, the Veterans Administration (VA) cost-of-living benefits are tied to the increase for Social Security. For the past two years, there has been no increase for either Social Security or veterans' benefits. Congressman Higgins recently welcomed the news that seniors will also see a cost of living adjustment in the upcoming year.
On November 10th Congressman Higgins is hosting a special Congress on Your Corner event to meet with local seniors and veterans and provide them with direct access to available resources within the community.
The VA estimates that it will provide disability compensation to nearly 3.6 million veterans with service-connected disabilities in FY 2012. The legislation, now approved by the House and the Senate, will go to the President for his signature. The increase would take effect on Dec. 1, 2011.