Va Compensation Rates 2024 Table. 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. These benefits help cover medical costs, offer monthly compensation, and support other vital needs.
Go to our how to read compensation benefits rate tables to learn how to use the table. 2024 va smc rates increased by 3.2% over 2023 rates beginning january 2024 and continuing through december 2024 (until the 2025 cola increase).