House Committee on Veterans' Affairs

Washington, D.C. – On October 16, 2006, President Bush signed into law S. 2562, the Veterans’ Compensation Cost-of-Living Adjustment Act of 2006.  S. 2562 passed the House on September 30, 2006.  The law provides, effective December 1, 2006, a 3.3 percent cost-of-living adjustment (COLA) to the rates of disability compensation for veterans with service-connected disabilities and the rates of dependency and indemnity compensation paid to the survivors of certain service-disabled veterans.

Washington, D.C. – The House passed S. 2562, the Veterans’ Compensation Cost-of-Living Adjustment Act of 2006.  S. 2562 will provide, effective December 1, 2006, a cost-of-living adjustment to the rates of disability compensation for veterans with service-connected disabilities and the rates of dependency and indemnity compensation paid to certain spouses and dependent children of service-disabled veterans.  S. 2562 passed the House, September 30, 2006 and will be sent to the president for his signature.