Search Results for keywords:"cost of living adjustment"

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Search Results: keywords:"cost of living adjustment"

  • Type:Notice
    Citation:90 FR 13666
    Reading Time:about 6 minutes

    The Department of Veterans Affairs (VA) has announced a cost of living adjustment (COLA) of 2.5% for certain benefits, effective December 1, 2024. This adjustment affects the pension and Parents' Dependency and Indemnity Compensation (DIC) programs, and it aligns with the increase in Social Security benefits as announced by the Social Security Administration. The document details updated rates for various categories, including veterans and survivors, with specified maximum annual rates, net worth limits, and income limitations for pension eligibility. Additionally, specific provisions are outlined for parents receiving DIC based on their income and dependency status.

    Simple Explanation

    The Veterans Affairs Department is giving some extra money to people who get certain benefits, like older veterans and their families, because everything is getting more expensive. This change will start in December 2024, and it's like what people on Social Security will get, which is a bit more money, about 2.5% more.

  • Type:Rule
    Citation:89 FR 96904
    Reading Time:about 3 minutes

    The Copyright Royalty Judges have announced a new value adjustment for the royalty rates paid by webcasters for playing sound recordings. Effective from January 1, 2025, to December 31, 2025, the rates account for changes in living costs. For commercial webcasters, the rate is set at $0.0032 per subscription performance and $0.0025 per nonsubscription performance. Noncommercial webcasters will pay $1,000 per channel annually, plus $0.0025 per performance for plays beyond a monthly limit of 159,140 listener hours.

    Simple Explanation

    The people in charge of music rules decided to change the money online radio stations pay to play songs because things cost more now. Starting in 2025, big stations will pay a small amount for each song played, while small ones pay a bit for lots of songs.