VA Disability Payment Schedule for 2024
CCK Law: Our Vital Role in Veterans Law
VA’s 2024 disability payment schedule determines when veterans will receive their monthly VA disability compensation payments. These monthly payments are important for veterans and their families, so understanding when they will receive them is crucial. To learn more about when you can expect to receive your VA disability monthly compensation in 2024, continue reading.
Using VA Math to Determine Your Compensation Rate
Typically, veterans’ disability ratings determine their VA compensation rate. If a veteran has multiple service-connected conditions, their combined disability rating determines their monthly compensation rate.
Combined disability ratings are calculated by adding together the disability ratings of each individual service-connected condition using VA math. Since VA math can be confusing and challenging, CCK developed a VA disability calculator to help veterans more easily calculate their combined ratings.
Additional Compensation Benefits for Service-Connected Veterans
Veterans with a combined rating of 30 percent or higher and qualifying dependents may also be eligible for additional compensation. Qualifying dependents include:
- A spouse
- Dependent parents
- Children under the age of 18
- Children between the age of 18 and 23 who are in school
Monthly compensation amounts based on dependent status can be found using our 2024 VA Disability Pay Chart.
VA Disability Compensation Rates for 2024
Each fiscal year, the Social Security Administration (SSA) sets a cost-of-living adjustment (COLA) which VA then uses to adjust VA disability compensation rates. The 2024 cost-of-living adjustment is 3.2 percent.
Combined VA Rating | 2024 VA Disability Pay Rates (3.2% increase) | 2023 VA Compensation Rates | 2022 VA Compensation Rates |
10% | $171.23 | $165.92 | $152.64 |
20% | $338.49 | $327.99 | $301.74 |
30% | $524.31 | $508.05 | $467.39 |
40% | $755.28 | $731.86 | $673.28 |
50% | $1,075.16 | $1,041.82 | $958.44 |
60% | $1,361.88 | $1,319.65 | $1,214.03 |
70% | $1,716.27 | $1,663.06 | $1,529.95 |
80% | $1,995.01 | $1,933.15 | $1,778.43 |
90% | $2,241.91 | $2,172.39 | $1,998.52 |
100% | $3,737.85 | $3,621.95 | $3,332.06 |
VA Disability Payment Schedule for 2024
Disability benefits for a certain month are usually paid on the first business day of the following month. If the first business day of the month falls on a holiday or weekend, benefits will be paid on the last business day of the preceding month.
Below are the expected 2024 pay dates:
Month of Payment (2024) | Day of the Week | Payment Date |
---|---|---|
January | Thursday | February 1st |
February | Friday | March 1st |
March | Monday | April 1st |
April | Wednesday | May 1st |
May | Friday | May 31st |
June | Monday | July 1st |
July | Thursday | August 1st |
August | Friday | August 30th |
September | Tuesday | October 1st |
October | Friday | November 1st |
November | Friday | November 29th |
December | Tuesday | December 31st |
Do You Need Help Appealing Your VA Decision?
If you received an unfavorable decision from VA, our team at Chisholm Chisholm & Kilpatrick may be able to help you. Our team has decades of demonstrated success helping veterans build their appeals for increased ratings, earlier effective dates, and more. For a complimentary consultation, call our office today.
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