An Act establishing a cost-of-living adjustment for the disabled veteran annuity
Ties the Massachusetts disabled veteran annuity’s annual increase to the SSA/SSI cost-of-living adjustment.
Ties the Massachusetts disabled veteran annuity’s annual increase to the SSA/SSI cost-of-living adjustment.
This bill seeks to ensure that the Massachusetts disabled veteran annuity received under Chapter 115, Section 6B is adjusted annually for inflation. Specifically, it ties the annuity’s annual increase to the same percentage as the annual cost-of-living adjustment (COLA) for the Social Security and Supplemental Security Income programs, as determined by the U.S. Social Security Administration (SSA).
This bill would make the disabled veteran annuity more resilient to inflation by aligning its increases with federal SSA/SSI COLA benchmarks.
Compiled from official sources — confirm details with the bill’s official record.
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