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On Nov. 9, 2011, President Barack Obama signed S. 849, the Veterans’ Compensation Cost-of-Living Adjustment Act of 2011, into law. This 3.6% cost of living adjustment, or COLA, affects veterans receiving compensation for service-connected disabilities, as well as the rates of dependency and indemnity compensation of veterans who died as a result of service. Although Congress has passed a COLA for veterans every year since 1976, there has not been an increase since 2009. The COLA is tied to the Consumer Price Index, which also adjusts benefits for Social Security recipients. The 3.6% COLA increase will go into effect on Dec. 1, 2011. For more
information, click
here. In August, President Obama announced a comprehensive plan to lower
veterans' unemployment and to ensure that service members leave the
military career-ready. The announcement included several initiatives
including the creation of a suite of Gold Card services for veterans. The
Gold Card provides unemployed post-9/11-era veterans with the intensive
and follow-up services they need to succeed in today's job market. The
Gold Card initiative is a joint effort of the Department of Labor's
Employment and Training Administration (ETA) and the Veterans' Employment
and Training Service (VETS) and became available on Nov. 7,
2011.
To read more about the Gold Card program and how to access these
services, click
here. On My Next Move for Veterans, veterans will find a simple and quick search engine where they enter their prior military experience (branch of service and military occupation code or title) and link to the information on civilian careers and related training, including information they can use to write resumes that highlight related civilian skills. In addition, My Next Move for Veterans contains a link to an online
assessment: the O*NET Interest Profiler, which provides results
comparable to the Strong Interest Inventory being used in the new
Transition Assistance Program (TAP). Veterans who have not received an
interest assessment as part of TAP can access and take this interest
assessment by clicking
here. Funding
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Technical Assistance provided in this
e-Newsletter is funded, in part, through a grant from the National Coalition for Homeless
Veterans Mission: The National Coalition for Homeless Veterans will end homelessness among veterans by shaping public policy, promoting collaboration, and building the capacity of service providers. This newsletter is sent to members of NCHV. If you would like to be removed from our list, please send an email to jdriscoll@nchv.org. You can subscribe or view past issues here. |