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so in 2020 we got a 1.6 increase in our disability pay in 2021 we got a 1.3 increase in our disability pay and then in 2022 this year we got a 5.9 percent increase the projections that were released this week are projecting an 8.9 increase for all veterans in 2023. this projection comes from thinkadvisor.com and i put a link to the article in the description so you can read it for yourself basically the va disability pay rate in 2023 will track with social security and the social security administration uses average inflation in the third quarter based on the cpi w to calculate the benefit adjustment for the following year the cola was 5.9 percent in 2022 a cost of living adjustment is calculated automatically each year and its intended to reflect the change in the cost of living over a one year period 365 days the primary purpose of a cola increase is to help consumers maintain their spending power relative to inflation now lets go ahead and look at the 2022 va disability paid char
