Tuesday, November 3, 2026 Daily Briefing News Quiz
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Veterans Affairs

The Department of Veterans Affairs (VA) is involved in adjusting disability compensation for veterans. On 2026-10-15, the Social Security Administration announced a 3.6% cost‑of‑living adjustment for 2027, which will raise monthly payments for veterans with VA disability ratings. The same day, it was reported that the Social Security Trust Fund is projected to be depleted by 2032, potentially reducing benefits to about 77% of current levels without reform.

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What to know

  • SSA approved a 3.6% COLA for 2027, the largest since 2023. Oct 15
  • The increase will raise monthly payments for veterans with VA disability ratings. Oct 15
  • SSA will give a 3.6% COLA to more than 72 million beneficiaries starting in January 2027. Oct 15
  • The trust fund is expected to be exhausted by 2032, meaning benefits could drop to about 77% of current levels without reform. Oct 15
  • The 3.6% COLA is based on the CPI‑W and applies to Social Security, SSI, and VA disability compensation. Oct 14

Timeline

  1. Oct 15, 2026
  2. Oct 15, 2026
  3. Oct 14, 2026
  4. Oct 14, 2026