An outside watchdog estimates the benefits adjustment will be less than 3% in 2025.
Legislation introduced in the Senate would guarantee a cost-of-living boost in veterans benefits in 2025.
The cost-of-living adjustment is significantly less than last year’s, which at 8.7% was the largest bump in four decades.
Experts predict a much lower cost-of-living adjustment to retirement pay and annuities as inflation rates cool off.
