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    Are you getting a raise this year?

    Senate Bill 407, the Veterans Compensation Cost-of-Living Adjustment Act of 2009 has passed both houses of Congress, and was presented to President Obama on June 25, 2009.

    The bill would provide an increase in compensation rates for service connected disabilities and for Dependency and Compensation benefits. If signed into law, the increase in compensation will be the same as the Social Security cost of living increase, or about 5.8%, rounded down to the lower whole dollar amount. The increase would take effect on December 1, 2009.

    The complete text of the bill can be found here:

    https://frwebgate.access.gpo.gov/cgi-bin/getdoc.cgi?dbname=111_cong_bills&docid=f:s407es.txt.pdf

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