Military veterans could see their payouts increased by 2 percent later this year – one of the biggest gains in at least six years – under legislation slated for presidential approval next week.
The plan, the Veterans’ Compensation COLA Act of 2017, would boost cost-of-living payments and could be reflected in the recipient’s January checks. The legislation was passed unanimously by the Senate this week, following approval of an identical bill in the House during summer.
