S. 4487 — Veterans’ Compensation Cost-of-Living Adjustment Act of 2026

This section increases, effective December 1, 2026, the rates of wartime disability compensation under section 1114 of title 38, United States Code, additional compensation for dependents under section 1115(1), the clothing allowance under section 1162, dependency and indemnity compensation for surviving spouses under section 1311(a)–(d), and dependency and indemnity compensation for children under sections 1313(a) and 1314, by the same percentage as the cost-of-living adjustment for Social Security benefits under title II of the Social Security Act. The section also authorizes the Secretary of Veterans Affairs to make corresponding administrative adjustments to rates for certain persons covered by section 10 of Public Law 85–857 who have not received compensation under chapter 11 of title 38.

This section requires the Secretary of Veterans Affairs to publish in the Federal Register the amounts specified in section 2(b), as increased under that section, not later than the date on which the cost-of-living adjustment matters specified in section 215(i)(2)(D) of the Social Security Act are published by reason of a determination made under section 215(i) of such Act during fiscal year 2027.