Va Rates 2024 Vs 2024 Chart. How va calculates compensation rates. Starting in january, veterans will see a 3.2% increase in their monthly va benefits for 2024.
Va special monthly compensation (smc) is a higher rate of compensation that we pay to veterans as well as their spouses, surviving spouses, and parents with certain needs or disabilities. If you qualify for these benefits, we’ll base your payment amount on the difference between your income for va purposes and a limit that congress sets (called the maximum annual pension rate, or mapr).